Bitcoin Surges to Best 10-Day Run in 2026, But Traders Remain Skeptical

Bitcoin's price surge has reached its best 10-day run in 2026, but traders remain skeptical despite the cryptocurrency's gains.

The BTC price rose by over 20% this past week, reaching a three-month high of $81,255 before dropping back to around $79,000 today.

However, the sentiment among traders has turned negative, with Santiment's weighted sentiment score dipping to -0.023 on August 26, marking the first time it went negative since the rally began.

The strong demand for Bitcoin ETFs is providing a crucial source of support for the price, but analysts warn that this buying cannot continue indefinitely, and fresh buyers are needed to keep the price moving higher.