Retail Bitcoin Traders Get Louder: Here’s Why Sentiment Is The Most Bullish In 4 Months

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Bitcoin (CRYPTO: BTC) pushed back above $80,000, and retail traders are getting louder: Santiment data shows bullish social commentary has climbed to its highest level in roughly four months.

The crypto analytics firm says bullish Bitcoin comments now outpace bearish ones by a 1.37-to-1.00 ratio across social media.

This is a sharp sentiment reversal after weeks of macro fears and geopolitical stress.

Why It Matters

It is also a clear shift from mid-April, when Bitcoin sentiment fell deep into bearish territory.

That pessimism helped create a cleaner setup for a relief rally as weak hands exited and crowded bearish …

Full story available on Benzinga.com

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