Bitcoin Sentiment Dips to 2026 Low as Price Approaches $80,000
As Bitcoin approaches $80,000, sentiment among investors turns negative, signaling potential capitulation according to Santiment's analysis.
The current sentiment surrounding Bitcoin has taken a notable downturn, reaching levels not seen since November 21. This shift in social sentiment, characterized by increased negativity, has raised alarms and prompted analysis from Santiment, which suggests that such developments often occur in the lead-up to capitulation, despite the likelihood of continued volatility in short-term trading.