Bitcoin social media bearish sentiment hits a 5-week high

MeNews · 2026-04-05T11:01:02+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; currently, Bitcoin is priced at $67,100, down 5.53% over the past 30 days.

MeNews

2026-04-05 11:01:02

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ME News update, April 5 (UTC+8). Santiment said that bearish commentary about Bitcoin on social media has risen to a 5-week high. Data show that the ratio of bullish to bearish commentary on Bitcoin is 0.81—about 5 bearish comments for every 4 bullish comments. Santiment noted that the market often moves in the opposite direction of mainstream expectations; such high levels of FUD sentiment are a common ingredient in price rebounds and may suggest that the price could improve sooner than expected. In addition, the Crypto Fear & Greed Index scored 12 on Sunday and has remained in the extreme fear range. Right now, the price of Bitcoin is $67,100, down 5.53% over the past 30 days. (Source: ODAILY)

BTC-0.38%

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