Bitcoin’s Bull Score drops to zero, signaling bearish trend: CryptoQuant

CryptoQuant's sentiment gauge hit its most bearish reading as demand, stablecoin liquidity, and US buying interest all weakened Bitcoin ’s Bull Score Index has fallen to zero, the most bearish reading the gauge can produce, according to CryptoQuant head of research Julio Moreno. The index runs on a scale of 0 to 100. Zero is the floor. The reading landed on November 11, 2026. It caps a remarkably fast slide for a metric that looked very different only a month earlier. On October 13, the Bull Score sat at 90, deep in bullish territory. By early November, it had dropped to 20, and shortly after that it hit zero. The index combines 10 separate indicators into one sentiment number.

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