Bitcoin Remains Bullish As Profit Taking Accelerates
The bitcoin bull market remains confirmed by several CryptoQuant indicators, but the momentum that drove BTC up to 87400 dollars is slowing down. Spot demand is declining, speculative positions are growing more slowly, and profit-taking…
Cointribune
Publisher
Oct 1, 2026 at 6:35 AM UTC · Updated il y a 4 jours · 4 min de lecture
Key Signal
170,000 BTC 30-day spot demand contraction
Entities
bitcoin
Market Impact
BTC+0.83%$85,511
Last Updated
il y a 4 jours
Traduction…
Summarize this article with:
The bitcoin bull market remains confirmed by several CryptoQuant indicators, but the momentum that drove BTC up to 87400 dollars is slowing down. Spot demand is declining, speculative positions are growing more slowly, and profit-taking has now reached levels likely to trigger a short-term correction.
In brief
- The Bitcoin bull market remains confirmed, with a Bull Score of 90 out of 100.
- Spot demand is declining, while speculative activity on futures contracts is slowing sharply.
- Profit-taking is increasing and could favor a short-term correction.
- The levels of 80000, 71000 and 67000 dollars are the main supports to watch.
- Bitcoin retains a bullish structure, but a recovery in demand remains necessary to extend the movement.
The bitcoin bull market remains well established
The Bitcoin Bull Score from CryptoQuant reaches 90 out of 100. This level means nine of the ten indicators monitored by the platform remain favorable. The crossing of the price above its 365-day moving average also confirmed the start of a new bullish phase.
This reading does not, however, guarantee continuous progress. After its eight-month peak at 87400 dollars, bitcoin dropped below 84000 dollars before rising again around 84300 dollars on October 1st.
Market Context
Bitcoin
BTC
$85,498
+0.82% (24H)
Market Cap
$1.72T
24H Volume
$17.5B
24H High
$86,974
Article Intelligence
Key Entities
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