Bitcoin bulls are back in the spotlight after a key market signal flipped green, rekindling optimism across the crypto space. The widely-watched bull-bear market cycle indicator—developed by CryptoQuant—has turned bullish once again, just days after flashing red when BTC momentarily dipped below $50,000. With BTC now trading well above $80K, analysts are calling it a potential turning point in this year’s price action.
On-Chain Signals Point to Bullish Momentum
The CryptoQuant Bull-Bear Market Cycle Indicator, designed to gauge investor sentiment and cyclical market phases, has reversed course. It briefly entered the red zone during Bitcoin’s recent dip but has now returned to green territory, indicating renewed buying pressure and macro bullishness.
“Most Bitcoin on-chain cyclical indicators that were hovering near the borderline have now shifted back to signaling a bull market,” said Ki Young Ju, founder and CEO of CryptoQuant. “This signals that long-term holders remain strong, and the demand for BTC at these levels is solid.”
This shift has been accompanied by a steady inflow of institutional capital, particularly through U.S.-based spot Bitcoin ETFs, which have collectively absorbed billions in inflows over the past few months, reinforcing market confidence.
Bitcoin Price Snapshot
Date | Opening Price | Daily High | Daily Low | Closing Price |
---|---|---|---|---|
April 13, 2025 | $79,430 | $82,400 | $78,100 | $80,770 |
April 14, 2025 | $80,770 | $85,900 | $80,350 | $84,650 |
April 15, 2025 | $84,650 | $86,259 | $83,207 | $85,180 |
April 16, 2025 | $85,180 | $85,770 | $83,290 | $83,848 |
Data sourced from CoinMarketCap and CryptoQuant
As of April 16, 2025, BTC is trading at $83,848, reflecting a slight 2.18% dip over the past 24 hours. Despite this, price action remains well within bullish territory, far above the psychological $60,000 threshold.
Neutral Funding, Bullish Setup
Interestingly, Binance perpetual futures data shows that the funding rate remains neutral despite bullish momentum building in spot markets. This suggests the recent uptrend is driven more by spot buyers than overleveraged long traders—often seen as a healthier form of price appreciation.
Glassnode’s latest report confirmed that Bitcoin’s short-term holder profit margins are rising, while long-term holders continue to accumulate—both classic signs of sustained bull market behavior.
Analyst Insights and Caution
While optimism runs high, some analysts advise caution. CryptoQuant’s Ki Young Ju warns that overheated short-term metrics could result in minor pullbacks or consolidation. “It’s not full throttle yet,” he noted. “But structurally, we’re back in bullish terrain.”
Meanwhile, veteran trader Peter Brandt highlighted that macro sentiment, ETF flows, and halving optimism continue to provide tailwinds for BTC. “The charts speak volumes,” Brandt posted on X. “It’s a cyclical story playing out—again.”
Conclusion: The Bull Is Back… for Now
Bitcoin’s resurgence above $80K and the reactivation of its bull-bear indicator mark a critical moment in this year’s market cycle. The renewed momentum, coupled with strong institutional participation and resilient on-chain metrics, suggests the bull market may be regaining its footing.
However, traders are reminded to watch funding rates, ETF inflows, and macro conditions closely. If the current momentum holds, analysts say BTC could retest its all-time high in the weeks to come. For now, the trend is upward—and the bull, it seems, is stirring again.
FAQs
What is the bull-bear market cycle indicator?
It’s a tool developed by CryptoQuant to identify shifts between bullish and bearish sentiment based on on-chain activity and price trends.
Why did BTC’s bull-bear indicator turn green?
BTC reclaimed levels above $60K and is seeing strong spot demand, ETF inflows, and long-term accumulation—signaling renewed investor confidence.
What’s the current Bitcoin price?
As of April 16, 2025, Bitcoin is trading at approximately $83,848, down slightly from its recent high of $86,259.
Is this a good time to buy BTC?
Analysts see bullish momentum returning, but recommend monitoring funding rates and macro signals before making short-term entries.
Glossary of Key Terms
Bull-Bear Indicator: A metric used to determine if market conditions are favoring bulls (buyers) or bears (sellers).
Spot Market: A market where assets are bought and sold for immediate delivery, as opposed to futures markets.
Funding Rate: A fee paid between long and short traders to keep futures prices aligned with spot prices—helps identify trader sentiment.
ETF (Exchange-Traded Fund): A regulated financial product that allows institutional and retail investors to gain exposure to assets like BTC.
On-Chain Metrics: Data derived from the blockchain that helps assess investor behavior, market cycles, and liquidity flows.
Sources
CoinMarketCap