Tons of social posts related to bitcoins switched to stubborn according to the Crypto Analytics platform platform, despite the fact that Bitcoin still decreases around $ 85,000.
“Traders are optimistic that BTC can recover USD 90,000, which will probably depend on tariff and global news about the economy as a week’s passes,” Santiment he said In the post of April 16. The last time Bitcoin (BTC) traded over USD 90,000 was on March 6.
Traders regain confidence in bitcoins
Santiment social media tracker, which measures how social media users think about cryptography based on the tone of their posts, moved to “stubborn territory” on April 16 with a result of 1.973.
Earlier it was neutral, with a result below 1.606, because social media users were not sure where the price of Bitcoin was guided, because “it is repeatedly exceeded above and below 85,000 USD,” added Santimment.
Bitcoin knocked up to $ 86,000 on April 15, before it fell to $ 83,000 the next day. Bitcoin trads $ 84,390 at the time of publication, According to to Coinmarketcap.
If Bitcoin regains the price level of USD 85,000, about USD 254 million in miniature positions will be threatened with liquidation, According to to Couminglass.
Over the past 24 hours, several popular cryptographic accounts on X have provided stubborn comments about Bitcoin. Samson MOW 3 Jan3 he said This bitcoin reaching $ 500,000 “is not crazy.”
Cryptographic trader “TED” he said“Global money supply is growing, and ultimately this liquidity will go to Bitcoin. Just wait and watch.”
Meanwhile Crypto Trader Titan of Crypto he said That “according to the theory of Dow, BTC remains in the fragment, consistently printing higher ups and higher low.”
Related: Bitcoin wide price range, which he will continue, is no longer a “long” plant – an analyst
However, other cryptographic sentiments are not blushing. The Crypto Fear & Greed Indexwhich measures the general market moods, reads the result of “fear” of 30 out of 100.
It comes after the cryptographic market has recorded the weakest results in the first quarter for years.
Bitcoin and Ether (ETH), the two largest cryptocurrencies according to market capitalization, recorded price drops of 11.82% and 45.41%, respectively, compared to the quarter of 2025 – a quarter, which historically recorded mighty results for both assets.
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This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
