cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD

-

de

cryptd.in
în

Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price.

Bitcoin Positive/Negative Sentiment Has Dropped Recently

Într-un nou post on X, analytics firm Santiment has discussed the latest trend in the Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative.

The indicator works by putting posts/messages/threads containing mentions of the cryptocurrency on the major social media platforms through a machine-learning model to separate between bullish and bearish comments. It then counts up the number of posts falling in each category and takes their ratio to determine the net situation.

Now, here is the chart shared by Santiment that shows the trend in the Bitcoin Positive/Negative Sentiment over the past month:

Bitcoin Positive/Negative Sentiment

As displayed in the above graph, the Bitcoin Positive/Negative Sentiment shot up into the “FOMO” zone earlier as the cryptocurrency’s recovery surge occurred. This isn’t anything unusual as positive price action tends to spark optimism among traders.

The opposite trend has played out as the asset has gone through its latest pullback. The Positive/Negative Sentiment has now dropped to a value of 0.94, which suggests bearish comments are slightly dominating on social media platforms. This is the lowest that the metric has been since April 21st.

Historically, digital asset markets have often tended to go against the crowd opinion, so this switch to a bearish sentiment could actually turn out to be a positive sign for Bitcoin. “As small traders sell off their coins as a reaction to this mild downswing, probabilities of a rebound are heightened while most people expect a further drop,” explained the analytics firm.

Though, it’s visible in the chart that the Positive/Negative Sentiment isn’t yet inside the “FUD” zone where a bearish mentality becomes pronounced enough for rebounds to become probable.

In some other news, the Bitcoin whales have seen their wallet count rise over the past year, as Santiment has highlighted in another X post.

Bitcoin Whales

From the chart, it’s apparent that there are now 20,229 wallets holdings at least 100 BTC (worth about $7.64 million). Compared to a year ago, this figure represents an increase of 11.2%. The analytics firm noted:

This is a significant long-term trend because wallets of at least this size (currently ~$7.7M or more) are often associated with whales, major investors, institutions, and highly capitalized long-term holders.

Prețul BTC

Bitcoin has declined to the $76,400 level following its pullback of more than 5% over the past week.

Bitcoin Price Chart

Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

ro_RO Română
ro_RO Română en_US English et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (442) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (70) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.