Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop

Data shows the social media sentiment around Bitcoin has remained deeply bearish despite the recovery that the cryptocurrency’s price has made. Social Media Data Suggests Retail Still Fearful About Bitcoin In a new post on X, analytics firm Santiment has discussed about how the Positive/Negative Sentiment for Bitcoin has developed on social media following the recent recovery surge in the asset’s price. Related Reading: Ethereum Whale Selloff Continues As Supply Share Drops Under 75% The Positive/Negative Sentiment refers to an indicator that tells us, as its name suggests, how the positive and negative sentiments related to a given asset compare on the major social media platforms. The metric works by putting social media posts/threads/messages containing mentions of the asset through a machine-learning model to differentiate between positive and negative comments source: https://www.newsbtc.com/bitcoin-news/bitcoin-social-bearish-price-recovers-60000-drop/