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Santiment Shows Bitcoin Sentiment at -164 as Schiff Warns of $20,000 Scenario
Peter Schiff issued two posts dated June 3 questioning whether Bitcoin is near a bottom and arguing a break below $50,000 could accelerate a drop under $20,000, while also pointing to STRC at $94.85 and a 12.12% yield. Santiment's reading the same day put crowd sentiment at -164, described as the lowest level in its measured period, as Bitcoin traded around $63,500. The article also cites $2.43B of May 2026 US spot Bitcoin ETF net outflows and notes 472 "Bitcoin is dead" entries, where $100 each would total $66,380,237 today.