CryptoQuant: Bitcoin Lacks Momentum for Trend Reversal
CryptoQuant's analysis suggests Bitcoin's recent price increase is a temporary bounce within a bear market, not the start of a new bull cycle. Despite a 10% recovery from a low of $57,700 and reclaiming the $60,000 level, technical indicators point to fragile market sentiment.
While July's historical seasonal rallies and stabilized demand metrics, including improved Coinbase Premium Index and U.S. institutional buying, offer some support, CryptoQuant's Bull Score Index remains low at 20. A score of 60 is typically needed to confirm a sustained recovery. On-chain metrics and liquidity conditions are not yet robust enough for a long-term rally, indicating caution is advised.
https://cryptovka.com/news/cryptoquant-bitcoin-recovery-lacks-momentum-for-trend-reversal
cryptovka-news / Cryptovka | News | CryptoMarket & Blockchain
npub1kc…f0vwv
2026-07-10 00:07:18 UTC
Author Public Key
npub1kc6crlknw8nkcrnhe222s694duv3cwcxysxqypdlr6gf35kve3ysnf0vwvPublished at
2026-07-10 00:07:18 UTCEvent JSON
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"content": "CryptoQuant: Bitcoin Lacks Momentum for Trend Reversal\n\nCryptoQuant's analysis suggests Bitcoin's recent price increase is a temporary bounce within a bear market, not the start of a new bull cycle. Despite a 10% recovery from a low of $57,700 and reclaiming the $60,000 level, technical indicators point to fragile market sentiment.\n\nWhile July's historical seasonal rallies and stabilized demand metrics, including improved Coinbase Premium Index and U.S. institutional buying, offer some support, CryptoQuant's Bull Score Index remains low at 20. A score of 60 is typically needed to confirm a sustained recovery. On-chain metrics and liquidity conditions are not yet robust enough for a long-term rally, indicating caution is advised.\n\nhttps://cryptovka.com/news/cryptoquant-bitcoin-recovery-lacks-momentum-for-trend-reversal",
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