{"id":44192,"date":"2026-05-20T07:00:36","date_gmt":"2026-05-20T07:00:36","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=44192"},"modified":"2026-05-20T07:00:36","modified_gmt":"2026-05-20T07:00:36","slug":"bitcoin-fall-under-77000-triggers-spike-in-social-media-fud","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=44192","title":{"rendered":"Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD"},"content":{"rendered":"<p>Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency\u2019s price.<\/p>\n<h2>Bitcoin Positive\/Negative Sentiment Has Dropped Recently<\/h2>\n<p>In a new <a href=\"https:\/\/x.com\/SantimentData\/status\/2056448443506110799\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a> on X, analytics firm Santiment has discussed the latest trend in the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-sentiment-warning-social-media-fomo\/\" target=\"_blank\" rel=\"noopener \">Positive\/Negative Sentiment<\/a> for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative.<\/p>\n<p>The indicator works by putting posts\/messages\/threads containing mentions of the cryptocurrency on the major social media platforms through a machine-learning model to separate between bullish and bearish comments. It then counts up the number of posts falling in each category and takes their ratio to determine the net situation.<\/p>\n<p>Now, here is the chart shared by Santiment that shows the trend in the Bitcoin Positive\/Negative Sentiment over the past month:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/HIn3QYqXQAERsVK?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin Positive\/Negative Sentiment\" width=\"3102\" height=\"1744\" loading=\"lazy\" \/><\/p>\n<p>As displayed in the above graph, the Bitcoin Positive\/Negative Sentiment shot up into the \u201cFOMO\u201d zone earlier as the cryptocurrency\u2019s recovery surge occurred. This isn\u2019t anything unusual as positive price action tends to spark optimism among traders.<\/p>\n<p>The opposite trend has played out as the asset has gone through its <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/the-bitcoin-meltdown-whats-behind-the-drop-to-76000-and-whats-next\/\" target=\"_blank\" rel=\"noopener \">latest pullback<\/a>. The Positive\/Negative Sentiment has now dropped to a value of 0.94, which suggests bearish comments are slightly dominating on social media platforms. This is the lowest that the metric has been since April 21st.<\/p>\n<p>Historically, digital asset markets have often tended to go against the crowd opinion, so this switch to a bearish sentiment could actually turn out to be a positive sign for Bitcoin. \u201cAs small traders sell off their coins as a reaction to this mild downswing, probabilities of a rebound are heightened while most people expect a further drop,\u201d explained the analytics firm.<\/p>\n<p>Though, it\u2019s visible in the chart that the Positive\/Negative Sentiment isn\u2019t yet inside the \u201cFUD\u201d zone where a bearish mentality becomes pronounced enough for rebounds to become probable.<\/p>\n<p>In some other news, the Bitcoin <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/mysterious-bitcoin-whale-transfers-40-billion-after-years-of-silence\/\" target=\"_blank\" rel=\"noopener \">whales<\/a> have seen their wallet count rise over the past year, as Santiment has highlighted in another X <a href=\"https:\/\/x.com\/SantimentData\/status\/2056485709641400522\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a>.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/HIoZJuaXYAAjyyu?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin Whales\" width=\"3116\" height=\"1751\" loading=\"lazy\" \/><\/p>\n<p>From the chart, it\u2019s apparent that there are now 20,229 wallets holdings at least 100 BTC (worth about $7.64 million). Compared to a year ago, this figure represents an increase of 11.2%. The analytics firm noted:<\/p>\n<blockquote>\n<p>This is a significant long-term trend because wallets of at least this size (currently ~$7.7M or more) are often associated with whales, major investors, institutions, and highly capitalized long-term holders.<\/p>\n<\/blockquote>\n<h2>BTC Price<\/h2>\n<p>Bitcoin has declined to the $76,400 level following its pullback of more than 5% over the past week.<\/p>\n<p><img decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/toydO7d0\/\" alt=\"Bitcoin Price Chart\" width=\"1486\" height=\"957\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency\u2019s price. Bitcoin Positive\/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive\/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44193,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-44192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=44192\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency\u2019s price. 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