Bitcoin social media bearish sentiment hits 5-week high

MeNews · 2026-04-11T04:12:03+00:00

Santiment reports that bearish comments on Bitcoin have reached a five-week high, with a ratio of 0.81, indicating extreme market fear. This situation could lead to a price rebound; the current Bitcoin price is $67,100, down 5.53% over the past 30 days.

MeNews

2026-04-11 04:12:03

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ME News, April 5 (UTC+8): Santiment said that bearish comments about Bitcoin on social media have risen to a 5-week high. Data shows the ratio of bullish to bearish comments on Bitcoin is 0.81, meaning that for every 4 bullish comments there are about 5 bearish comments. Santiment noted that markets often move in the opposite direction of what the public expects, and such high levels of FUD sentiment are usually common factors behind price rebounds, potentially signaling that prices may improve faster than expected. In addition, the cryptocurrency fear and greed index scored 12 on Sunday, remaining in the extreme fear range. Bitcoin is currently priced at $67,100, down 5.53% over the past 30 days. (Source: ODAILY)

BTC1,54%

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