Bitfinex said on X that its Bull Run Index, a 0-to-100 gauge it uses to track Bitcoin market conditions, is currently around 55. The exchange said past BTC cycle tops have tended to occur when the indicator moved close to 100. For comparison, Bitfinex placed the reading at about 90 when Bitcoin hit its high in October 2025. It also said the index was only in the low 20s around June this year. The post offers a simple snapshot of where the exchange believes the current market stands relative to earlier peak conditions, without suggesting that Bitcoin has reached a top. All figures cited in the update came from Bitfinex’s own post.
Bitfinex said on X that its Bull Run Index, measured on a scale from 0 to 100, is currently around 55.
According to Bitfinex, past Bitcoin tops have generally come when the indicator was close to 100.
The exchange added that the index was about 90 when BTC reached its high in October 2025, and in the low 20s around June this year.
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