Julio Moreno, Head of Research at CryptoQuant, says Bitcoin has officially shifted into a bull market phase. According to Moreno, nearly every major metric is now flashing signals that point to the early stage of a new bull run—marking the end of the recent bear cycle.

What Julio Moreno Said

Moreno called out the switch to a bull market regime for Bitcoin, highlighting that the overall data right now lines up with the start of a bullish trend. He emphasized that a wide range of indicators are in agreement, all pointing toward upward momentum for BTC.

One Caveat: The 365-Day Moving Average

Still, Moreno noted there’s one major level to keep an eye on. For Bitcoin to fully confirm the bull case, the price needs to break above its 365-day moving average—which currently sits around $83K. This level is seen as a key benchmark for validating further bullish action.

Source: Incrypted.