Bitcoin Bull-Bear Cycle Indicator Flashes Green Ahead of April CPI Print
Bitcoin (BTC) just printed its first early-bull reading on CryptoQuants Bull-Bear Market Cycle Indicator since March 2023, a regime shift that historically marks recoveries from deep corrections. The signal arrives as the Bureau of Labor Statistics releases April 2026 Consumer Price Index (CPI) data Tuesday morning, an inflation print that could decide whether BTC follows through or stalls below recent resistance. Bull-Bear Cycle Indicator Flips After Two-Year Drought CryptoQuants Bull-Bear Market Cycle Indicator moved out of bear territory this week for the first time in roughly 26 months. Similar prints in 2019 and early 2023 preceded sustained recoveries after deep drawdowns. CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator. Source: CryptoQuant Both episodes followed long stretches of subdued price action and rising on-chain conviction among long-term holders. The indicators 30-day moving average also points to improving momentum beneath the surface. BTC traded for $80,655 as of this writing, according to BeInCrypto data, down by about 0.6% on the day but holds a roughly 13% gain over the past 30 days. Bitcoin Price Performance. Source: BeInCrypto BTC has also reclaimed the $78,000 zone aligned with the True Market Mean and Short-Term Holder cost basis. That region has historically separated bear and bull phases. Bitcoin has recently reclaimed the bears first line of