Bitcoin Sentiment Plunges: Retail Capitulates at Two-Year Low

Bitcoin’s social sentiment has hit its lowest point in over two years, according to Santiment data, signaling a dramatic capitulation from retail traders. The decline reflects market nervousness fueled by weeks of downward pressure and intensifying sell-offs across major platforms like X, Reddit, and Telegram. 📈 This extreme bearish sentiment is mirrored by historical patterns, coinciding with periods when Bitcoin approached its cyclical lows in the past before rebounding. 📉 Negative commentary dominates social channels, including fear-driven price predictions and claims about the market’s potential collapse. ⚠️