Bitcoin Bearish Sentiment Hits 5-Week High, Potential for a Contrarian Reversal, Says Santiment

Historical Patterns Sometimes Precede Reversals On April 4, on-chain analytics firm Santiment reported via a post on X (formerly Twitter) that bearish sentiment on Bitcoin (BTC) on social media had reached its highest level since February 28. This conclusion was drawn from an analysis of social data across multiple platforms, including X, Reddit, and Telegram. The charts published by the company showed a ratio of four bullish comments to five bearish ones...