Bitcoin has shown renewed bullish momentum in recent sessions, pushing price back toward the $97,000 level after weeks of persistent selling pressure. For much of the recent consolidation, the market struggled under distribution from short-term participants and cautious positioning from traders who remained uncertain about the broader trend.
That dynamic now appears to be shifting. While price action alone does not confirm a full trend reversal, the latest rebound suggests that downside pressure is easing and that buyers are becoming more willing to absorb available supply.
This improvement in price behavior is supported by on-chain context rather than pure speculation. A quick insight from a CryptoQuant analyst highlights a rare development in market sentiment: the Bitcoin Bull Score Index has dropped to 20, a level
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