bullscore

Most traders watch price. Smart money watches the Bull Score Index instead.
CryptoQuant’s latest data shows that after a 24% rally, several key on‑chain and demand indicators have crossed into bullish territory, suggesting that $BTC may be entering the early stages of a new bull market.
**The Signal**
- CryptoQuant’s Bull Score Index spiked to 73.4, the highest level in 18 months.
- On‑chain metrics such as the Net BTC Inflow and the 30‑day Moving Average of the BTC Price are all trending upward.
- Demand indicators, including the ratio of active addresses to total addresses, have crossed the 0.4 threshold, a classic bullish sign.
#BullScore #OnChainData #BTC
**The Interpretation**
When the Bull Score Index climbs above 70, it historically precedes a sustained upward trajectory. The confluence of rising net inflows and a strengthening price moving average indicates that institutional and whale capital is re‑entering the market. This alignment reduces the probability of a sharp pullback and sets the stage for a multi‑month rally. In practical terms, traders can expect a higher probability of a breakout above the current resistance level near $70,000, with a potential upside to $80,000 or beyond.
**The Watch List**
Keep an eye on the 30‑day Moving Average of $BTC ’s price. A break above this moving average is a classic confirmation of the bullish trend and often precedes a significant price move.
#MA30
**Thought Closer**
If the Bull Score Index continues to climb and the 30‑day MA holds, could $BTC be poised for a new all‑time high?

Amid all the noise about the Pentagon briefing and the $80K rejection, three quieter data points from this week are telling a more important long-term story.
$1.4 billion into global crypto funds — strongest week in a month.
The Strategy acquisition of $2.54 billion in Bitcoin coincided with $1.4 billion in weekly inflows to global crypto funds, led by Bitcoin and Ether. MEXC Bitcoin absorbed $1.176 billion of that, Ethereum took $212 million, and Solana added $12 million. The breadth of inflows matters as much as the size — it's not just BTC spot ETFs, it's cross-asset institutional rotation into the broader crypto market.
Japan: 65% of institutional investors now hold Bitcoin.
A Nomura survey found 65% of Japanese institutional investors now hold Bitcoin for portfolio diversification, with 31% viewing the market outlook positively and most planning 2% to 5% allocations over the next three years.
This number deserves emphasis. Japan is the third-largest economy in the world. It has a massive institutional investment sector — pension funds, insurance companies, trust banks — that has historically been extremely conservative. When 65% of those institutions are already holding Bitcoin, and most are planning to increase allocations over a 3-year window, you're looking at a structural demand story, not a speculative one.
The timing is directly related to Japan classifying crypto as a "financial product" on April 10 — a regulatory upgrade we covered two weeks ago. That reclassification didn't just add legitimacy. It unlocked institutional mandates that previously prevented allocation to assets outside the securities/commodities framework.
The Bitcoin Bull Score Index just left bear territory for the first time since October 2025.
Bitcoin's bull score index just left bear territory. A key indicator tracking the overall health of Bitcoin flashed a neutral signal for the first time since prices peaked last year, a sign the bear market may have ended.
The Bull Score Index isn't a price indicator — it tracks on-chain fundamentals, exchange flows, macro conditions, and derivatives positioning simultaneously. A neutral read after six months in bear territory doesn't mean the bull market has resumed. It means the bear market's structural conditions have cleared. The next signal — a move into positive territory — would confirm the cycle has turned.
None of these three data points are as dramatic as a $79K price print. But they're more durable. ETF inflows, Japanese institutional adoption, and a key indicator exiting bear territory all point in the same direction: the foundation is being built, even while the short-term chart whipsaws.
Foundation first. Price follows. Usually by the time everyone agrees the bull market is back, the easy money has already been made.
#Bitcoin #CryptoFunds #InstitutionalCrypto #Japan #BullScore