**Bitcoin Sentiment Soars, But New All-Time High Unlikely Soon**

Bitcoin enthusiasts might need to temper their expectations for a new all-time high, despite a surge in market sentiment. Onchain analytics platform Santiment reports a notable shift in sentiment, with 1.8 bullish posts for every bearish one. Historically, markets tend to move opposite to crowd expectations.

BTC prices have climbed 14% since mid-September, reaching over $66,000. September is shaping up to be Bitcoin's best month ever, with gains around 12%. The Bitcoin Fear and Greed Index has jumped to 'greed' levels, hitting 61, a sharp rise from 'extreme fear' earlier this month.

However, mainstream media's positive shift and a bearish demand for stablecoins in China suggest that a new Bitcoin ATH might still be a way off. Bitcoin is currently trading at $64,406, down 12.6% from its March peak.