Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound?

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound?

CoinsProbeCoinsProbe2025/11/21 19:48
By:Nilesh Hembade

Date: Fri, Nov 21, 2025 | 06:40 PM GMT

Bitcoin’s sharp downturn continues to shake the market as the flagship cryptocurrency plunged to a low of $80,600, before recovering slightly to around $84,000 at the time of writing. This drop extends what has now become a deep and painful correction from its October peak of $126,080, wiping out all gains accumulated throughout 2025 and amplifying volatility across the entire crypto landscape.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 0 Source: Coinmarketcap

Today’s steep decline triggered nearly $1.87 billion in liquidations across the market. Long traders suffered the overwhelming majority of the damage, losing $1.63 billion as overleveraged positions were liquidated in a rapid, cascading sell-off.

Bitcoin’s Social Sentiment Is Falling

According to new insights from Santiment , Bitcoin’s social sentiment has dropped to its lowest reading since December 11, 2023. Based on the ratio of bullish vs. bearish comments across X, Reddit, Telegram, and other platforms, retail traders appear to be capitulating aggressively. Panic is now dominating the conversation—something not seen in nearly two years.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 1 Source: @santimentfeed (X)

Historically, deep negative sentiment often aligns with market bottoms, as fear peaks right before a trend reversal. This raises an important question: could this emotional climate actually set the stage for Bitcoin’s next rebound?

Could This Pattern Spark a BTC Rebound?

A new 3-day chart shared by prominent analyst CryptoBullet highlights a compelling technical setup. Bitcoin continues to trade within a broad ascending parallel channel, a structure that has guided price action throughout the past year.

The latest correction has pushed BTC directly into the lower boundary support of this channel—near the $80K region—where buyers are beginning to show early signs of resilience.

Bitcoin’s Social Sentiment Is Falling — But Could This Pattern Spark a BTC Rebound? image 2 Credits: @CryptoBullet1 (X)

CryptoBullet suggests that if bulls can defend this level, Bitcoin may attempt a recovery toward the $100K–$108K range, following the same pattern of sharp drop → channel support retest → strong rebound that previously played out twice within this structure.

However, a clean breakdown below the channel could invalidate this pattern entirely and open the door for deeper downside—something the chart cautiously hints at with a lower projection if support fails.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BNB News Today: BNB Faces Crucial $870 Threshold—Will Bulls Ignite a Rally Toward $1,000?

- BNB rebounds above $860, with technical indicators and Binance's $51.1B stablecoin liquidity supporting a potential $989 rally. - Analysts predict $950–$1,000 by December 2025 if RSI hits oversold levels and a Golden Cross forms. - However, a breakdown below $790.79 risks a decline to $700–750 amid broader crypto market fragility. - Binance's dominance in stablecoin inflows and Ethereum volatility could amplify BNB's movements during uncertainty.

Bitget-RWA2025/11/27 12:22
BNB News Today: BNB Faces Crucial $870 Threshold—Will Bulls Ignite a Rally Toward $1,000?

XRP News Update: Reasons XRP Value May Skyrocket: ETFs Drive Significant Increase in Structural Demand

- U.S. SEC approval of spot XRP ETFs in November 2025 triggered $85M in first-week inflows, with Bitwise and 21Shares attracting $168M and $150M in assets. - Whale accumulation of $7.7B in XRP over three months, combined with ETF demand, fuels speculation of a price rebound to $22.5 or higher. - Analyst models predict ETFs could absorb 3B XRP annually, creating structural demand that may drive prices to $220 within two years if 15 ETFs collectively absorb 150M XRP daily. - Institutional adoption in cross-b

Bitget-RWA2025/11/27 12:22

Ethereum News Today: Ethereum's Scaling Dilemma: Increasing Gas Capacity While Managing Financial Risks

- Ethereum doubled its block gas limit to 60 million, enhancing scalability through coordinated upgrades like EIP-4844 and future danksharding. - Vitalik Buterin emphasized targeted cost adjustments for operations like SSTORE to balance throughput and network security as scaling progresses. - The expansion aims to compete with Solana and Layer 2 solutions while preparing for the Fusaka upgrade, which could strengthen ETH's value proposition. - Despite technical improvements, Ethereum faces bearish market d

Bitget-RWA2025/11/27 12:22

Bitcoin Updates Today: Bitcoin Rallies Amid Fed Optimism, Yet Caution as Bearish Indicators Suggest Potential Volatility

- Bitcoin surged above $91,000 on Nov. 27, 2025, driven by rising Fed rate-cut expectations and SpaceX's $105M BTC transfer. - Bearish technical signals persist as Bitcoin breaks below 50-week EMA and key trendlines, with critical resistance at $90,822–$101,000. - Institutional confidence remains strong despite volatility, with SpaceX consolidating BTC holdings and a whale selling $18.35M profit. - Fed's potential 67.1% chance of 25-basis-point cut could weaken the dollar but risks delayed easing if inflat

Bitget-RWA2025/11/27 12:22
Bitcoin Updates Today: Bitcoin Rallies Amid Fed Optimism, Yet Caution as Bearish Indicators Suggest Potential Volatility