Bitcoin Just Cleared a Crucial Level – Has the New Bull Market Begun?

BTCUSD — cautiously bullish, but confirmation is still needed. The reported close above the 365-day moving average near $80,500, alongside a break through the $76,000–$81,000 supply zone, strengthens the longer-term trend case: clearing that overhead supply may reduce selling pressure and encourage momentum-driven flows. CryptoQuant interprets the move as a new bull-market signal, but a moving-average breakout is not proof that a durable cycle has begun.

The next test is the $88,000–$90,000 supply area. Sustained trading above the reclaimed average would support the breakout thesis; a move back below it would raise the risk of a false breakout. The article also identifies the 200-day average near $70,600 as a lower support reference. Pullbacks remain possible even if the broader trend is improving.

For traders, watch whether BTC holds the breakout and how it behaves near $88,000–$90,000. The signal is more constructive for BTC’s medium-term trend than decisive for the immediate direction; follow-through and broader risk appetite will matter.