Bitcoin sentiment at ‘peak FUD’ with divide between bears and bulls — Santiment
Santiment’s social media analysis found 1 bullish comment for every 1 bearish comment, which hasn’t happened since Donald Trump’s tariffs tanked markets in April.
Retail traders’ sentiment toward Bitcoin is a near-even split between those who think it will fall and those who believe it will gain, as attitudes to the cryptocurrency are at a low last seen in April when Donald Trump’s global tariffs reveal tanked global markets.
Crypto research platform Santiment marketing director Brian Quinlivan said on Thursday that with “crypto in a bit of a lull, traders are showing signs of impatience & bearish sentiment.”
He added the firm’s social media analysis found that “there are just 1.03 bullish comments for every 1 bearish comment, which hasn’t happened since peak FUD [fear, uncertainty and doubt] during initial tariff reactions on April 6.”
