Bitcoin social media bearish sentiment hits 5-week high

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ME News Report, April 5th (UTC+8), Santiment states that social media bearish comments on Bitcoin have risen to a 5-week high. Data shows that the ratio of Bitcoin bullish to bearish comments is 0.81, meaning approximately 4 bullish comments correspond to 5 bearish comments. Santiment points out that markets tend to move in the opposite direction of public expectations, and such high levels of FUD sentiment are often a common factor in price rebounds, potentially indicating that prices may 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. (Source: ODAILY)

BTC3,03%
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