Bitcoin social media bearish sentiment hits 5-week high

MeNews · 2026-04-10T12:25:18+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

2026-04-10 12:25:18

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ME News Report, April 5th (UTC+8), Santiment states that social media bearish comments on Bitcoin have risen to a 5-week high. Data shows that the ratio of Bitcoin bullish to bearish comments is 0.81, meaning approximately 4 bullish comments correspond to 5 bearish comments. Santiment points out that markets often move in the opposite direction of public expectations, and such high levels of FUD sentiment are usually common factors in price rebounds, potentially indicating that prices may improve faster than expected. Additionally, the cryptocurrency fear and greed index score on Sunday was 12, remaining in the extreme fear zone. Currently, Bitcoin is priced at $67,100, down 5.53% over the past 30 days. (Source: ODAILY)

BTC0.74%

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