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#BTCPullback Bullish sentiment at its highest
The ratio of bullish to bearish comments on BTC on social media has risen to 1.37 to 1.00 — the highest level of positivity in 4 months.
After Bitcoin's return above $80k, retail investors are once again widely expecting continued growth.
But the market often moves against the crowd.
In mid-April, when bearish sentiment and fear dominated the market, the conditions for growth were even better than they are now.