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Bitcoin sentiment hits highest since March 2024 amid price near $77,300, but ETF outflows raise caution.

Market News
12 Sep 2026
Crypto news
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Neutral
Bitcoin sentiment hits highest since March 2024 amid price near $77,300, but ETF outflows raise caution.

Bitcoin market sentiment briefly reached an "extreme greed" level above 89 on CryptoQuant analyst Darkfost's index, the highest since March 2024, as Bitcoin traded near $77,300. This sentiment has since cooled while Bitcoin attempts to maintain its price amid a 24-hour range of roughly $76,400 to $79,600. Meanwhile, U.S. spot Bitcoin ETFs saw $462.7 million in net outflows during the week of September 8–11, indicating some investor caution despite the bullish sentiment spike. Analysts note that extreme sentiment readings can signal potential market turning points, but no clear reversal is confirmed yet. Investors are also watching upcoming Federal Reserve decisions and inflation data for further market direction.

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