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Bitcoin Bull Score Index Reaches 80 as Spot Demand Lags

Market spot-trading volume remains low, with no clear sign of spot buying.

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Bitcoin coins rest beside a quiet trading counter / TokenPost.ai
Bitcoin coins rest beside a quiet trading counter / TokenPost.ai

Bitcoin (BTC) scored 80 out of 100 on the Bull Score Index in an Oct. 6 market assessment, while weak spot demand remained the main lagging factor.

Market spot-trading volume remains low, and clear spot-buying demand has yet to emerge. Spot demand remains a key missing element in current BTC market conditions.

Spot demand often develops later than other indicators.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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