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

• Bitcoin has closed above its 365-day moving average of $80,500 for the first time since March 2023, signaling a potential new bull market according to CryptoQuant.
• The move follows positive internal market indicators from CryptoQuant, which had already suggested an early bull-market phase by mid-August.
• Bitcoin has cleared a significant supply barrier between $76,000 and $81,000, with the next major supply area to watch being between $88,000 and $90,000.

https://cryptopotato.com/bitcoin-just-cleared-a-crucial-level-has-the-new-bull-market-begun/