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On-chain analytics agency CryptoQuant stories that cryptocurrency analysts have turned sharply extra optimistic about Bitcoin, reaching ranges of bullishness not seen since August 2025.
According to the agency’s newest knowledge masking market actions from July 1 to October 13, 2026, 84% of 164 surveyed analysts now maintain a bullish view on Bitcoin. That determine is up sharply from simply 37% in early July. CryptoQuant’s 30-day consensus index at the moment stands at +49.2, reflecting the sturdy tilt towards constructive expectations.
The shift started after a low level of -18.3 on July 2. The 30-day transferring common of the consensus index crossed again above zero on July 27, when Bitcoin was buying and selling close to $63,800. Price has since superior, lately hovering within the mid-to-high $80,000 vary, whereas analyst sentiment has continued to strengthen.
As the report reads:
“Bitcoin’s consensus turned on July 27, three weeks before its price breakout. The 30-day consensus index bottomed at −18.3 on July 2, crossed back above zero on July 27 with Bitcoin at $63.8K, and reads +49.2 today. The bullish share of voting analysts rose from 37% to 84% (137 of 164).”
 
CryptoQuant notes that the present bullish share exceeds the extent seen at a comparable stage of the 2023 bull market, although the value achieve to this point this cycle has been solely about half as massive.
Sentiment seems to be operating additional forward of worth than it did at the beginning of the earlier uptrend; notably, the agency’s chart monitoring the analyst consensus index alongside Bitcoin’s spot worth illustrates the divergence: whereas worth has climbed steadily, the proportion of bullish analysts has risen extra decisively into clearly constructive territory.
CryptoQuant’s broader weekly analysis signifies comparable flips towards optimism throughout a number of main cryptocurrencies, although Bitcoin stays the first focus of the highlighted knowledge.
Bitcoin at the moment trades at $82,300, whereas the Crypto Fear and Greed Index sits at 63, signaling Greed. Market sentiment stays reasonably optimistic, with traders exhibiting rising confidence whereas avoiding the extremes of market euphoria.
Content Source: zycrypto.com
