Bitcoin's social sentiment index has dropped to its lowest level in nearly four years, signaling heightened retail panic, according to data from Santiment. Analyst @alicharts highlights that this sentiment downturn coincides with Bitcoin nearing its 200-week moving average, currently at $58,000. Historically, this level has often marked a bear market bottom and an accumulation zone for the cryptocurrency.
Bitcoin Social Sentiment Index Plummets to 4-Year Low
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