So apparently, Bitcoinâs popularity on social media has taken a sharp left turn onto Bullish Boulevard, according to the crypto brainiacs at Santiment. Meanwhile, the actual Bitcoin price is just casually flirting around $85,000 like it canât decide if itâs in or out of the party.
âTraders are suddenly all googly-eyed about BTC hitting $90K again,â Santiment tweeted on April 16âas if global tariffs and the worldâs economy arenât throwing shade all over that dream. Spoiler alert: Bitcoin last breezed past $90,000 back on March 6, which feels like ancient history in crypto time.
Trading Confidence Level: Somewhere Between âUhhâŚâ and âYay!â
Santimentâs mood ring for crypto chatter dipped into âbullish territoryâ on April 16 with a neat score of 1.973âbasically cryptoâs way of saying, âMaybe we got this?â Before that, it was all shrugs and âmehâ vibes (score sub-1.606), because Bitcoin was busy playing temperature check around $85K like a restless teenager pacing their room. đ§ââď¸
On April 15, Bitcoin teased fans by peaking at $86,000, only to slump to $83,000 the very next day. At the time of writing, itâs chilling at $84,390, as CoinMarketCap keeps watch like a nervous parent.
If Bitcoin manages to bull its way back over $85,000, brace yourselvesâabout $254 million USD worth of short positions could blow up in flames, thanks to CoinGlass. Thatâs some serious popcorn-worthy drama. đżđĽ
Meanwhile, the crypto Twitterverse is buzzing with bullish hot takes. Samson Mowâs crew at Jan3 reckons $500,000 Bitcoin âisnât crazy.â Sure, Samson, why not dream big? đ
Trader âTedâ philosophizes, âGlobal money supply is going up, and eventually, this liquidity will flow into Bitcoin.â Translation: HODL tight, my friends. đ
And then thereâs Titan from Crypto, channeling the ancient wisdom of Dow Theory, assuring us BTC is on an âuptrendâ with fancy-sounding âhigher highs and higher lows.â Sounds legit, Titan. Weâre all counting on those vibes.
Of course, not everyoneâs popping champagne just yet. The Crypto Fear & Greed Index spits out a âFearâ score of 30/100, aka, cautious optimism with a dash of dread.
This comes after the poor crypto market had its worst first quarter in ages. Bitcoin and Ether took a nosedive with Q1 losses of 11.82% and a heart-stopping 45.41%, respectivelyâmaking this dreary quarter the anti-climax of 2025 so far. Oof.
Read More
- Unlock the Magic: New Arcane Blind Box Collection from POP MART and Riot Games!
- Top 8 UFC 5 Perks Every Fighter Should Use
- How to Reach 80,000M in Dead Rails
- Unlock the Best Ending in Lost Records: Bloom & Rage by Calming Autumnâs Breakdown!
- How to Unlock the Mines in Cookie Run: Kingdom
- Unlock Roslit Bayâs Bestiary: Fisch Fishing Guide
- Jujutsu Kaisen Shocker: The Real Reason Gojo Fell to Sukuna Revealed by Gege Akutami!
- Unaware Atelier Master: New Trailer Reveals April 2025 Fantasy Adventure!
- MHAâs Back: Horikoshi Drops New Chapter in âUltra Ageâ Fanbook â See Whatâs Inside!
- REPO: How To Fix Client Timeout
2025-04-17 09:11