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

HYPE Token's Rapid Rise and What It Means for Altcoin Holders

- HYPE Token's price surge and $14M market cap highlight institutional adoption via Anchorage Digital's staking access, boosting credibility but introducing regulatory risks. - Speculative risks persist, as seen in WLFI's 35% decline despite buybacks, underscoring crypto market volatility's impact on tokens lacking deflationary models. - Community engagement remains unclear for HYPE, contrasting with EDU's $50M institutional buyback strategy, which ties utility to real-world applications. - Investors must

Bitget-RWA2025/11/21 20:16

XRP News Today: XRP ETF Launches Impressively Despite Price Drop Due to Large Holder Sell-Offs and Unstable Market Conditions

- Bitwise XRP ETF (XRP) debuted on NYSE with $22M trading volume, marking U.S. investors' first spot XRP exposure via a custodial trust. - XRP price fell 7% to $1.92 amid whale selling and broader crypto market volatility, despite the ETF's physical backing and fee waivers. - XRP's 13-year blockchain (4B+ transactions, 3-5s settlement) targets $250T cross-border payments market, but faces structural fragility with 58.5% supply in profit. - Regulatory clarity via the 2025 GENIUS Act enabled the ETF launch,

Bitget-RWA2025/11/21 20:02

Tech's Next Horizon: Middle East Pioneers Blockchain and eVTOL Innovation

- Middle East emerges as tech hub with Abacus Group and Singapore Enterprise Centre expanding in Dubai, leveraging region's financial and regulatory advantages. - Blockchain reshapes industries: BAT's token distribution challenges ad models while Coinbase acquires Vector.fun to strengthen onchain market dominance. - TransFuture Aviation unveils Honghu eVTOL, promising 70% faster urban travel, aligning with Dubai's innovation-friendly regulations and global urban mobility trends. - AI and blockchain become

Bitget-RWA2025/11/21 20:02
Tech's Next Horizon: Middle East Pioneers Blockchain and eVTOL Innovation

Bitcoin News Update: Rumble Introduces Wallet Feature, Giving Creators Full Control Over Their Crypto

- Rumble launches non-custodial wallet for Bitcoin , USDT, and tokenized gold tips during limited Android test. - Platform plans to expand crypto tipping to 51M users by December 2025, aligning with blockchain trends in social media monetization. - Non-custodial model emphasizes user fund control, addressing regulatory scrutiny while balancing stablecoin utility and crypto volatility. - Limited test prioritizes feedback refinement, aiming to attract crypto-focused creators and solidify Rumble's role in dec

Bitget-RWA2025/11/21 20:02
Bitcoin News Update: Rumble Introduces Wallet Feature, Giving Creators Full Control Over Their Crypto