Bitcoin Sentiment Plummets to Two-Year Low, But Could Signal a Market Turn

Bitcoin sentiment has taken a significant downturn, hitting its lowest point in nearly two years. While this dip may signal the start of a bear market, analysts suggest it could actually be an indicator of an impending market rebound. 📈 CryptoQuant’s latest “Weekly Crypto Report” reveals Bitcoin’s bullish rating index has fallen below 40 for the first time since 2024, which is consistent with typical bearish conditions.