Bitcoin may not hit a new all-time high anytime soon, despite the high sentiment in the cryptocurrency market. On September 30, analytics platform santiment said that market participants expecting new records will have to wait for the crowd to lower their expectations. For every 1 bearish post about Bitcoin, there are 1.8 bullish posts, which indicates excessive optimism.
The price of $BTC has risen by 14% over the past two weeks, reaching a maximum of $66,000. However, analysts believe that the market may go in the opposite direction to expectations.
What do you expect from#Bitcoinin the next month?
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