{"id":127357,"date":"2025-04-17T06:15:26","date_gmt":"2025-04-17T06:15:26","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127357"},"modified":"2025-04-17T06:15:26","modified_gmt":"2025-04-17T06:15:26","slug":"bitcoin-online-chatter-flips-bullish-as-price-chops-at-85k-santiment","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127357","title":{"rendered":"Bitcoin online chatter flips bullish as price chops at $85K: Santiment"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.<br \/>\n\u201cTraders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,\u201d Santiment said in an April 16 X post. The last time Bitcoin (BTC) traded above $90,000 was March 6.<br \/>\nTraders regaining confidence in Bitcoin<br \/>\nSantiment\u2019s social media tracker, which measures how social media users feel about crypto based on the tone of their posts, moved into \u201cbullish territory\u201d on April 16 with a score of 1.973.\u00a0<br \/>\nBefore that it was neutral, with a score below 1.606, as social media users were unsure about where Bitcoin\u2019s price was headed as it \u201chas been repeatedly crossing above and below $85K,\u201d Santiment added.<br \/>\nBitcoin tapped as high as $86,000 on April 15 before retracing down to $83,000 the following day. Bitcoin is trading at $84,390 at the time of publication, according to CoinMarketCap.<br \/>\nBitcoin is up 2.73% over the past seven days. Source: CoinMarketCapIf Bitcoin reclaims the $85,000 price level, approximately $254 million in short positions will be at risk of liquidation, according to CoinGlass.<br \/>\nIn the past 24 hours, several popular crypto accounts on X have shared bullish comments on Bitcoin. Samson Mow\u2019s firm Jan3 said that Bitcoin hitting $500,000 \u201cisn\u2019t crazy.\u201d<br \/>\nCrypto trader \u201cTed\u201d said, \u201cGlobal money supply is going up, and eventually, this liquidity will go into Bitcoin. Just wait and watch.\u201d<br \/>\nMeanwhile crypto trader Titan of Crypto said that \u201caccording to Dow Theory, BTC remains in an uptrend, consistently printing higher highs and higher lows.\u201d<br \/>\nRelated: Bitcoin\u2019s wide price range to continue, no longer a \u2019long only\u2019 bet \u2014 Analyst<br \/>\nOther crypto sentiment trackers are not flashing as bullish, however. The Crypto Fear &amp; Greed Index, which measures overall market sentiment, reads a \u201cFear\u201d score of 30 out of 100.<br \/>\nIt comes after the crypto market posted its weakest first quarter performance in years.\u00a0<br \/>\nBitcoin and Ether (ETH), the two largest cryptocurrencies by market capitalization, saw price declines of 11.82% and 45.41%, respectively, over Q1 2025 \u2014 a quarter that has historically seen strong results for both assets.\u00a0<br \/>\nMagazine: Your AI\u2019 digital twin\u2019 can take meetings and comfort your loved ones<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-social-media-sentiment-bullish-price-continues-consolidate-santiment?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. \u201cTraders are showing optimism&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127357"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127357"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127357\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127357"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}