Santiment: Bearish Social Sentiment Rises as Bitcoin Rebounds, May Support Return to $100,000
Market analytics firm Santiment said on Jan. 15 that social media data show increasingly bearish commentary on Bitcoin despite its price rebound this week. Over the past 10 days, "fear" has been one of the most prominent themes in retail discussions around BTC, the firm noted. Because market trends often move against prevailing retail sentiment, this concentrated negative mood could potentially support Bitcoin in revisiting the $100,000 level, according to Santiment.