Crowd Sentiment Flips Bullish As Bitcoin Reclaims $64K—and That’s Usually A Warning
The post Crowd Sentiment Flips Bullish As Bitcoin Reclaims $64K—and That’s Usually A Warning appeared on BitcoinEthereumNews.com. Retail traders have changed their minds four times in a single month, and the latest swing is raising eyebrows. Bitcoin’s bounce from $58.1K to the $64.1K area has flipped the crowd’s mood to “higher” again, according to the Santiment update. The speed of the reversal is the story, not the price level itself. In early June participants were calling for lower prices. Mid-June flipped to bullish. Late June turned fearful after the dip. Now they are back to expecting upside. Chart watchers will note that every time the crowd got loud about direction this month, the market did something else. That is the mechanic Santiment is pointing toward—a counter-signal tendency where strongly unanimous social expectations tend to precede reversals or stalls. It does not promise a top, but it does suggest the herd is arriving late to the move. Why the “Lower vs. Higher” Cha