Bitcoin Bull Market Shows 'Signs of Fatigue,’ CryptoQuant Says
#Bitcoin has entered a confirmed bull market, but the rally shows signs of losing steam, according to a research report CryptoQuant published on Sept. 29, 2026. Bitcoin ( $BTC ) traded around $83,500 as of the report's publication, according to #CoinMarketCap data, after reaching an eight-month high of $87,400.
#CryptoQuant said Bitcoin's close above its 365-day moving average the previous week confirmed the start of a new bull cycle. The firm's Bitcoin #Bull Score Index stood at an "extremely #bullish " 90 out of 100. Even so, the report identified several signals suggesting the rally's momentum is fading and a pullback could follow.
#Bitcoin has entered a confirmed bull market, but the rally shows signs of losing steam, according to a research report CryptoQuant published on Sept. 29, 2026. Bitcoin ( $BTC ) traded around $83,500 as of the report's publication, according to #CoinMarketCap data, after reaching an eight-month high of $87,400.
#CryptoQuant said Bitcoin's close above its 365-day moving average the previous week confirmed the start of a new bull cycle. The firm's Bitcoin #Bull Score Index stood at an "extremely #bullish " 90 out of 100. Even so, the report identified several signals suggesting the rally's momentum is fading and a pullback could follow.
