CryptoWorld reports that Santiment states social media bearish comments on Bitcoin have risen to a 5-week high. Data shows that the ratio of bullish to bearish comments on Bitcoin is 0.81, meaning approximately 4 bullish comments correspond to 5 bearish comments. Santiment points out that markets often move in the opposite direction of public expectations; such high levels of FUD sentiment are usually a common factor in price rebounds and may indicate that prices could recover faster than expected. Additionally, the cryptocurrency Fear and Greed Index scored 12 on Sunday, remaining in the extreme fear zone. Currently, Bitcoin is priced at $67,100, down 5.53% over the past 30 days.

BTC0,55%
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