Is it a bull market yet?
YES.
We are so back.
Signal consensus · 54% bullish7/13
signals bullish
Seven of thirteen indicators currently support a bull market.
Neither side leads by three or more, so the answer stays YES until one does. A single signal changing cannot flip it.
Updated 05:48 UTC · refreshes hourly
Price and trend signals
Bitcoin price
Bearish$82,568
-34.5% vs ATH · high $126,080
12m low $58,566ATH
Bullish above $87,849 (50% over the 12-month low).
BTC 200-Day Trend
Bullish+24.5%
Price change vs 200 days ago
Long-term uptrend intact
200-Day Moving Avg
Bullish+13.9%
Price vs 200-day average
Price$82,568
200-day MA$72,490
Above the 200-day line
Sentiment and attention signals
Sentiment Trend
Bearish57
7-day F&G avg · -12 pts vs prior 23d
Sentiment cooling
Google Trends
Bearish26
“Bitcoin” 14-day avg · /100
Baseline: 42Decelerating
Institutional and stablecoin flow signals
ETF Prior-Weeks Flow
Bullish+$1.95B
Net flow, the ~23 days before this week
Sustained accumulation
Stablecoin Supply
Bearish-0.6%
30-day supply change
USDT + USDC$256.2B
30d change$1.6B
On-chain signals
Realized Price
Bullish+2.2%
60-day change in network cost basis
Realized price$53,436
60 days earlier$52,271
MVRV1.55
Data to 12 Oct. The free feed runs about a week behind.
Miner Revenue
Bullish$43.2M
7-day avg daily · prev: $42.2M
Miners earning more
Active Addresses
Bearish477K
7-day avg daily · prev: 487K
Activity declining
Additional Context
Halving cycle
Context~541
days until next halving
917 days since the last · block #972,107
Last halving4-year cycleNext
Days since cycle top
Context377
days since $126,080 on 6 Oct 2025
In months12.4
A calendar, not a measurement. Past bear markets ran about 12 to 13 months top to bottom, on a sample of three.
Hash ribbon
Context+2.6%
30-day hash rate vs 60-day
30-day average972 EH/s
60-day average947 EH/s
Miners recovered
What miners do, rather than what they earn. Shown as context and never counted.
Total DeFi TVL
Context+0.2%
Value locked vs 30 days ago
Now$88.2B
30 days ago$88.1B
Broadly flat
Every chain DefiLlama tracks. A stock, not a flow, so no double-counting of routed trades.
Funding rate
Context+5.5%
Annualised · ~7-day average
Latest period0.0069% / 8h
Below the ~+11% baseline funding pays by default
Below that bar on almost every day since 2025, so it no longer votes.
BTC dominance
Context60.2%
Bitcoin's share of the crypto market
Altcoin market cap$1.10T
Bitcoin-led: above the 55% line
Above 55% on every day since early 2025, so it no longer votes.
Pump.fun Activity
Context+32.2%
30-day fees vs prior 30 days
Last 30 days$61.3M
Prior 30 days$46.3M
New-coin trading rising
Bonding-curve and graduation fees, so this covers coins before they graduate. Rising or cooling needs a move of more than 5%.
PumpSwap Volume
Context-41.6%
30-day volume vs prior 30 days
Last 30 days$10.9B
Prior 30 days$18.7B
Graduated-coin trading cooling
Where coins trade after graduating, so this covers the survivors rather than the new arrivals.