Cryptocurrency analytics platform Santiment has revealed that the tone of Bitcoin-related social media posts has turned positive.
Santiment reported on the 16th that X's post said, "Traders are optimistic that Bitcoin can recover to $90,000." This is the first week of trading and
The last time Bitcoin rose above $90,000 was on March 6.
Despite Bitcoin remaining volatile, fluctuating around the $85,000 level,
Market participants' sentiment has become more bullish. The Social Media Sentiment Index, a social media sentiment tracker from Santiment, recorded 1.973 on the 16th.
The cryptocurrency has now reached a record high, entering “bullish territory.” It had previously dipped below 1.606 and social media users were in neutral, unsure of where Bitcoin price would go.
According to reports, several well-known cryptocurrency accounts on X recently shared positive opinions about Bitcoin.
Mow's company, JAN3, argued that "it's not a crazy idea for Bitcoin to hit $500,000."
In addition, cryptocurrency trader “Ted” said, “The global money supply is increasing and will eventually
This liquidity will flow into Bitcoin in a few days. Just wait and see," said another trader, Titan of Crypto.
"According to the Dow Theory, Bitcoin is still in an uptrend and continues to record higher highs and higher lows," explained Crypto.
2025/04/18 15:23 KST
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