Bitcoin sentiment tops 89 for first time since March 2024
Bitcoin market sentiment has risen above 89 on an index tracked by CryptoQuant analyst Darkfost, reaching its highest level since March 2024 before easing back.
CryptoQuant analyst Darkfost said the last comparable burst of bullish sentiment came in March 2024. His measure briefly climbed above 89 out of 100 as Bitcoin rose, putting it in the range he describes as “extreme greed.”
The reading has since moved down from its peak, according to Darkfost, even as Bitcoin attempts