Bitcoin sentiment hits 4-month high as price climbs above $80,000, signaling bullish retail trader optimism.

Bitcoin's price has risen back above $80,000, accompanied by a surge in bullish social media sentiment to its highest level in about four months. Retail traders are increasingly optimistic, with bullish comments outnumbering bearish ones by a ratio of 1.37 to 1. This shift follows a period of bearish sentiment driven by macroeconomic and geopolitical concerns. While rising optimism could support short-term momentum, experts warn that excessive bullishness and crowd conviction may increase risks of sudden profit-taking and market corrections.