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NewsDigital Assets · $BTC

Bitcoin needs $81,700 to confirm the bull case, CryptoQuant says

$BTC is in focus at $81,700 after CryptoQuant identified that level as the threshold bitcoin needs to clear to confirm a new bull market. The on-chain analytics firm sees the outlook as bullish but attaches a condition: a significant resistance band runs from that level through $88,700, and working through it is the test the thesis has to pass.

By Miles BroadbentDigital Assets DeskSeptember 12, 20262 min read$BTC
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Key takeaways

  • CryptoQuant says bitcoin must clear $81,700 to confirm a new bull market.
  • The $81,700 level is the first gate that converts the bullish directional read into a confirmed bull market.
  • A significant resistance band runs from $81,700 up to $88,700, which the bull thesis must work through.
  • A price print through $88,700, the outer boundary of the resistance range, is the next confirmable milestone.
  • CryptoQuant maintains its bullish outlook and is marking the levels that must fall before the view is confirmed rather than merely probable.

$BTC is in focus at $81,700 after CryptoQuant identified that level as the threshold bitcoin needs to clear to confirm a new bull market. The on-chain analytics firm sees the outlook as bullish but attaches a condition: a significant resistance band runs from that level through $88,700, and working through it is the test the thesis has to pass.

CryptoQuant structures the call in two parts. Clearing $81,700 is the first gate, the one that converts the directional read into a bull market confirmation. Above that, the resistance does not end, because the firm extends the band all the way to $88,700.

On-chain flow is typically where the telling data shows up before price settles the question, and a band this wide gives that process room. Nothing in CryptoQuant's analysis revises the bullish lean on the outlook; the firm is marking the levels that need to fall before the view is confirmed rather than just probable. The outer boundary of the resistance range sits at $88,700, and a print through it is the next confirmable milestone on the tape.

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About this story

Filed by the digital assets desk of MarketPR on September 12, 2026. Source: theblock.co. Indicative figures are not investment advice.

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Frequently asked

What price does bitcoin need to reach to confirm a bull market according to CryptoQuant?

CryptoQuant identifies $81,700 as the threshold bitcoin must clear to confirm a new bull market.

Where does the resistance band sit?

The significant resistance band runs from $81,700 through $88,700.

Is CryptoQuant's outlook bullish or bearish?

The outlook is bullish, but CryptoQuant attaches the condition that bitcoin must work through the resistance band to confirm the thesis.

What is the next confirmable milestone after clearing $81,700?

A price print through $88,700, the outer boundary of the resistance range, is the next confirmable milestone.