With Bitcoin teasing its all-time excessive over the previous couple of days, “retail has gotten bullish,” reported blockchain analytics agency Santiment on June 11.
Analysts on the agency reported that there are greater than double the variety of constructive Bitcoin feedback versus destructive throughout social media, which is a sign of rising retail curiosity.
That is additionally the best ratio since US President Donald Trump was elected over 7 months in the past, it added.
With Bitcoin teasing its $112K all-time excessive the previous couple days, retail has gotten bullish. There are greater than double the quantity of constructive $BTC feedback vs. destructive throughout social media, the best ratio since Trump was elected over 7 months in the past. pic.twitter.com/kdb4ZtDwIq
— Santiment (@santimentfeed) June 11, 2025
Greed Seeping into Markets
Santiment additionally noted that since markets transfer in the other way of retail’s expectations, “spikes in dialogue associated to Bitcoin’s all-time excessive are stable high alerts, indicating greed.”
In the meantime, the Bitcoin Worry and Greed Index, which measures market sentiment, is presently registering 71, which represents “greed.”
In its weekly on-chain report, Glassnode famous that this cycle exhibits uncommon investor conduct in comparison with earlier bull markets. Lengthy-term holders (these holding Bitcoin for over 155 days) are taking important income, averaging $930 million per day, but their general provide holdings proceed to extend reasonably than lower.
This creates a “distinctive duality” the place profit-taking is occurring alongside continued accumulation, as extra cash are maturing into long-term holder standing than are being offered, it famous.
What is going to it take for #Bitcoin to interrupt above ATH? Within the Week On-Chain, we discover renewed demand round $101k, elevated Lengthy-Time period Holder profit-taking, compressed volatility expectations, and why $97.6k stays important for short-term sentiment: https://t.co/ZTswpRDlqv pic.twitter.com/yXZhwtz3Ef
— glassnode (@glassnode) June 10, 2025
CryptoQuant observed that whales present no intention of taking income at these ranges and are prone to look ahead to greater costs, “the place important market overheating and a bubble kind, earlier than making their strikes.”
In the meantime, US Treasury Secretary Scott Bessent warned on Wednesday that failure to boost the US debt ceiling might set off “the largest disaster since 2008.”
“Default isn’t an possibility, cash printing is,” mentioned Swan analysts, who added:
“Sport idea favors the asset with a set provide. That’s Bitcoin.”
Bitcoin Value Outlook
Bitcoin topped $110,000 on Tuesday and Wednesday this week, coming to inside lower than $2,000 of its Might 22 all-time excessive of $111,814.
Nevertheless, it has retreated barely in the course of the Thursday morning Asian buying and selling session, falling again beneath $108,000 on the time of writing.
Earlier this week, analyst ‘Rekt Capital’ said that Bitcoin has efficiently retested the $104,400 reaccumulation vary excessive resistance as new assist for 4 straight weeks.
“Bitcoin is rebounding from this new assist base in an effort to transition into worth discovery once more,” he added.
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