{"id":11546,"date":"2026-05-20T17:00:30","date_gmt":"2026-05-20T17:00:30","guid":{"rendered":"https:\/\/coinstrend.net\/blog\/bitcoin-fall-under-77000-triggers-spike-in-social-media-fud\/"},"modified":"2026-05-20T17:00:30","modified_gmt":"2026-05-20T17:00:30","slug":"bitcoin-fall-under-77000-triggers-spike-in-social-media-fud","status":"publish","type":"post","link":"https:\/\/coinstrend.net\/blog\/bitcoin-fall-under-77000-triggers-spike-in-social-media-fud\/","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&#8217;s price.<\/p>\n<h2>Bitcoin Positive\/Negative Sentiment Has Dropped Recently<\/h2>\n<p>In a new Positive\/Negative Sentiment 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\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/HIn3QYqXQAERsVK?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin Positive\/Negative Sentiment\" width=\"3102\" height=\"1744\" \/><\/p>\n<p>As displayed in the above graph, the Bitcoin Positive\/Negative Sentiment shot up into the &#8220;FOMO&#8221; zone earlier as the cryptocurrency&#8217;s recovery surge occurred. This isn&#8217;t 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 latest pullback. 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. &#8220;As 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,&#8221; explained the analytics firm.<\/p>\n<p>Though, it&#8217;s visible in the chart that the Positive\/Negative Sentiment isn&#8217;t yet inside the &#8220;FUD&#8221; zone where a bearish mentality becomes pronounced enough for rebounds to become probable.<\/p>\n<p>In some other news, the Bitcoin whales 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\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/HIoZJuaXYAAjyyu?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin Whales\" width=\"3116\" height=\"1751\" \/><\/p>\n<p>From the chart, it&#8217;s 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\" loading=\"lazy\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/toydO7d0\/\" alt=\"Bitcoin Price Chart\" width=\"1486\" height=\"957\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency&#8217;s price. Bitcoin Positive\/Negative Sentiment Has Dropped Recently In a new Positive\/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative. The indicator&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11547,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[36,5300,35,4518,42,43],"class_list":["post-11546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-fud","tag-bitcoin-news","tag-bitcoin-positive-negative-sentiment","tag-btc","tag-btcusdt"],"_links":{"self":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts\/11546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/comments?post=11546"}],"version-history":[{"count":0,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts\/11546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/media\/11547"}],"wp:attachment":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/media?parent=11546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/categories?post=11546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/tags?post=11546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}