According to Santiment, retail sentiment around Bitcoin has fallen to its most bearish point since the market reacted to tariff news on April 6th.
Current data shows just 1.03 bullish comments for every 1 bearish across social platforms—reflecting peak levels of impatience and pessimism among traders.
This ratio hasn’t been this low since early April’s “peak FUD”, a period that later gave way to a strong recovery in Bitcoin’s price.
Historically, such lopsided sentiment often precedes upward momentum, as markets tend to move contrary to majority emotion at extreme levels.
At the time of the report on June 19, BTC was trading around $105,000, while both positive and negative sentiment commentary hovered at relatively low levels. As shown in the chart, the social sentiment divergence is often a contrarian bullish indicator.
If historical patterns repeat, this retail capitulation could be a setup for Bitcoin’s next leg higher.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/retail-sentiment-for-bitcoin-hits-most-bearish-level-since-april-typically-a-bullish-signal/