According to data from Santiment, posted on June 11th, there are now 2.12 positive Bitcoin comments for every negative one across major social platforms, including X, Reddit, Telegram, 4Chan, Bitcoin Talk, and Farcaster.
Santiment’s Bitcoin Price Prediction
Source: X (@santimentfeed)
This ratio marks the highest level of optimism since November 6th, shortly after Donald Trump won the 2024 presidential election and Bitcoin soared past $70,000 for the first time.
On June 11th alone, Santiment tracked 504.54 positive sentiment comments compared to 237.71 negative ones, suggesting that retail traders and crypto influencers alike are leaning bullish.
In the past week, Bitcoin has climbed above $110,000 several times, according to TradingView data, before settling around $108,635 at the time of writing. This represents a 3% drop from its all-time high of $112,000, which was recorded on May 22.
Despite the slight pullback, market momentum remains strong. Analysts suggest that this temporary dip is part of a broader consolidation phase before the next leg up.
The Crypto Fear & Greed Index, a widely tracked sentiment gauge, currently sits at 71 out of 100, firmly in the “Greed” zone. This reading indicates a strong buying appetite and speculative optimism in the market.
Crypto Fear & Greed Index
Source: alternative.me
However, it still lags behind the euphoric 94/100 score registered on November 22nd, 2024, a four-year high that came when Bitcoin surged from $67,700 to nearly $100,000 in just over two weeks.
Interestingly, while sentiment indicators and price action suggest a bullish phase, Google Trends data reveals that broader retail interest in Bitcoin remains muted.
As of June, global searches for the term “Bitcoin” score only 32 out of 100 relative to their peak over the past 12 months. That high was reached in mid-November 2024 when Bitcoin surged 18.6% in a single week to breach the $90,000 barrier.
Even more striking, current interest scores only 19 out of 100 when compared to the all-time search peak from late 2017, during the original retail mania that drove Bitcoin to $20,000.
This data implies that institutional and sovereign adoption are likely the primary drivers of recent price gains. A return of retail interest, however, could act as a significant catalyst for the next rally.
Analysts remain divided on the short-term trajectory, but most agree that the medium to long-term outlook remains bullish. Factors such as ETF inflows, central bank policy shifts, and geopolitical developments could shape price movements in the coming months.
With sentiment turning increasingly positive and the price showing resilience above $100,000, several analysts have issued Bitcoin price predictions targeting $125,000 to $150,000 by Q4 2025, assuming retail interest returns and macroeconomic conditions remain favorable.
Many analysts predict that Bitcoin could reach between $125,000 and $150,000 by the end of 2025, depending on market conditions, institutional adoption, and a return of retail investor interest.
The sentiment boost is tied to recent breakouts above $110,000 and a broader return of bullish narratives, particularly on social platforms tracked by Santiment.
Retail traders may still be hesitant due to previous market volatility. The current bull run appears to be institutionally driven, with retail lagging behind.
That depends on your risk tolerance and investment strategy. Sentiment is strong, but volatility remains high. Always do your own research and consider speaking to a financial advisor.
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