Bitcoin at $80,000: Very Different in September vs. May
CryptoQuant’s Head of Research Julio Moreno says Bitcoin at $80,000 in September is fundamentally different from its position in May.
Bitcoin’s Bull Score Index has risen to 80 (“Extra Bullish”), compared with just 50 (“Neutral”) in May.
The index measures network demand, stablecoin liquidity, and trader profit margins. A score above 60 indicates bullish market conditions.
In short: $80K Bitcoin in September is backed by much stronger fundamentals than $80K in May.
#AIStocksWhatNext #BNBMarketCapPassesBNYMellon
$BTC
$BNB
CryptoQuant’s Head of Research Julio Moreno says Bitcoin at $80,000 in September is fundamentally different from its position in May.
Bitcoin’s Bull Score Index has risen to 80 (“Extra Bullish”), compared with just 50 (“Neutral”) in May.
The index measures network demand, stablecoin liquidity, and trader profit margins. A score above 60 indicates bullish market conditions.
In short: $80K Bitcoin in September is backed by much stronger fundamentals than $80K in May.
#AIStocksWhatNext #BNBMarketCapPassesBNYMellon
$BTC
$BNB
