CryptoQuant says bitcoin has entered bull market but needs to cross $83,000 for ‘official’ confirmation

Crypto Insight Summary: "Historically, bitcoin's bull markets have 'officially' begun when price crosses above its 365-day moving average," CryptoQuant said. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Technical indicator suggests potential for sustained upward momentum.