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Analysis: Bitcoin bull market indicators remain in a bullish range, but current spot demand is lacking to drive it further.

BlockBeats news, October 6 — CryptoQuant analyst Darkfost posted that the Bitcoin Bull Score Index remains in a clearly bullish zone, currently at 80/100, with multiple indicators continuing to support BTC's upward momentum.


Darkfost noted that the only relatively lagging factor at present is spot demand. As previously observed, spot trading volume in the market remains low, so there is not yet any obvious spot buying demand at this stage. He believes that spot demand is the key missing factor in the current BTC market trend, and this component is often also the last part to form.

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