Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound?

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound?

CoinsProbeCoinsProbe2025/11/21 19:48
By:Nilesh Hembade

Date: Fri, Nov 21, 2025 | 06:40 PM GMT

Bitcoin’s sharp downturn continues to shake the market as the flagship cryptocurrency plunged to a low of $80,600, before recovering slightly to around $84,000 at the time of writing. This drop extends what has now become a deep and painful correction from its October peak of $126,080, wiping out all gains accumulated throughout 2025 and amplifying volatility across the entire crypto landscape.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 0 Source: Coinmarketcap

Today’s steep decline triggered nearly $1.87 billion in liquidations across the market. Long traders suffered the overwhelming majority of the damage, losing $1.63 billion as overleveraged positions were liquidated in a rapid, cascading sell-off.

Bitcoin’s Social Sentiment Is Falling

According to new insights from Santiment , Bitcoin’s social sentiment has dropped to its lowest reading since December 11, 2023. Based on the ratio of bullish vs. bearish comments across X, Reddit, Telegram, and other platforms, retail traders appear to be capitulating aggressively. Panic is now dominating the conversation—something not seen in nearly two years.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 1 Source: @santimentfeed (X)

Historically, deep negative sentiment often aligns with market bottoms, as fear peaks right before a trend reversal. This raises an important question: could this emotional climate actually set the stage for Bitcoin’s next rebound?

Could This Pattern Spark a BTC Rebound?

A new 3-day chart shared by prominent analyst CryptoBullet highlights a compelling technical setup. Bitcoin continues to trade within a broad ascending parallel channel, a structure that has guided price action throughout the past year.

The latest correction has pushed BTC directly into the lower boundary support of this channel—near the $80K region—where buyers are beginning to show early signs of resilience.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 2 Credits: @CryptoBullet1 (X)

CryptoBullet suggests that if bulls can defend this level, Bitcoin may attempt a recovery toward the $100K–$108K range, following the same pattern of sharp drop → channel support retest → strong rebound that previously played out twice within this structure.

However, a clean breakdown below the channel could invalidate this pattern entirely and open the door for deeper downside—something the chart cautiously hints at with a lower projection if support fails.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: Ethereum ETFs Recover as Investors Weigh Immediate Fluctuations Against Future Improvements

- Ethereum spot ETFs recorded a $55.7M net inflow, led by FETH's 60% share, reflecting institutional confidence in post-upgrade fundamentals. - ETH/BTC ratio hit 0.052 (7-month low) as Bitcoin dominance rose to 53.2%, with Ethereum trading below key EMAs amid bearish technical indicators. - Upcoming Dencun upgrade (EIP-4844) and $7.4B+ real-world asset tokenization drive long-term optimism despite short-term volatility and higher ETF fees. - Staking infrastructure grows (Lido's 8.95M ETH, MAVAN network) wh

Bitget-RWA2025/11/22 07:14
Ethereum Updates Today: Ethereum ETFs Recover as Investors Weigh Immediate Fluctuations Against Future Improvements

Bitcoin Updates: The Crypto Market Splits—Bitcoin ETFs See Outflows While Altcoin Enthusiasts Seek Returns and New Developments

- Bitcoin ETFs lost $3B in November, with BlackRock’s IBIT seeing $523M outflow as prices fell below $90K. - Bitwise’s Solana and XRP ETFs gained $580M and $420M inflows, offering staking rewards and cross-border payment exposure. - Institutional investors repositioned capital, shorting 53% of Bitcoin while Ethereum retained 55% long positions. - Analysts highlight altcoin ETFs’ yield advantages, but warn of Bitcoin’s liquidity risks and XRP’s weak derivatives market. - Market divergence reflects crypto-na

Bitget-RWA2025/11/22 07:14
Bitcoin Updates: The Crypto Market Splits—Bitcoin ETFs See Outflows While Altcoin Enthusiasts Seek Returns and New Developments

LUNA Falls 1.68% Over the Past Day as It Suffers an 83.05% Yearly Decline

- LUNA fell 1.68% in 24 hours, with 83.05% annual decline and 24.73% monthly losses. - Prolonged bearish momentum and lack of positive catalysts intensify selling pressure on the token. - Analysts warn of continued underperformance without structural improvements or macroeconomic shifts.

Bitget-RWA2025/11/22 07:12
LUNA Falls 1.68% Over the Past Day as It Suffers an 83.05% Yearly Decline