Bitcoin's recent decline to $84,800 has triggered a surge in bearish sentiment across social media platforms. Retail investors are reportedly amplifying fear more than bullish narratives, according to data from Santiment. Historically, such heightened bearish sentiment has been viewed as a contrarian indicator, suggesting a potential rebound in Bitcoin's price.
Bitcoin's Pullback to $84.8K Sparks Bearish Sentiment Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
