CryptoQuant analyst Axel Adler Jr. said Bitcoin’s market structure has shifted from bearish to bullish and has held that posture for a second straight week. In his latest post, a composite model built from multiple market data points showed Bitcoin’s status score rebounding to +34.7 from a low of -42.9 on June 26. Over the past week, the score stayed in positive territory more than 80% of the time and hit a local high of +65.3 on July 10, pointing to a move away from seller control toward stronger buyer conditions. The model’s internal alignment also improved, with 79.4% of sub-indicators now signaling in the same direction, well above this month’s 57.3% average. Adler said that reduces contradictions across the data set and suggests the current bullish reading is not noise. He added that a further rise in the market-structure score above +50, with alignment holding above 80%, would strengthen confirmation of the bullish regime. If the score remains below zero and alignment drops under 40%, the current setup would be treated as invalid.
CryptoQuant analyst Axel Adler Jr. said Bitcoin’s market structure has shifted from bearish to bullish and has remained there for a second consecutive week, according to PANews on July 16.
Composite score rebounded from late-June low
In Adler’s latest post, a model that combines multiple sets of market data showed Bitcoin’s status score recovering to +34.7 from a low of -42.9 recorded on June 26. During the past week, the score stayed in positive territory more than 80% of the time. It also reached a local high of +65.3 on July 10.
He said that reading shows the broader market condition has moved from seller-led trading to a buyer-leaning structure.
Indicator alignment moved above the monthly average
Adler said 79.4% of the model’s sub-indicators are now pointing in the same direction, well above this month’s average of 57.3%. In his view, that means there are no major contradictions across the data and the current bullish signal is not just noise.
Levels that would confirm or invalidate the setup
He added that if the market-structure score rises above +50 and alignment stays above 80%, the bullish regime would gain stronger confirmation. If the score keeps falling below zero and alignment drops under 40%, the current structure would be considered invalid.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.