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Bitcoin nears $80k as price and sentiment diverge, hinting at a possible September rally.

Market News
24 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Bitcoin's price surged nearly 25% in a week, reaching close to $79k, while its Fear & Greed Index dropped over 9%, signaling a divergence between price and market sentiment. This pullback in sentiment may be a tactic by large investors to cool enthusiasm and shake out weaker holders before pushing the price above $82k. Despite the sentiment drop, demand remains strong with ETFs buying significant amounts and spot bids holding near $80k. This divergence suggests Bitcoin could rally in early September, potentially marking a fourth consecutive bullish September if demand stays robust.

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