The Bitcoin worth motion has been fairly excellent going into the weekend, reflecting the constructive market local weather over the previous week. In response to blockchain analytics agency Santiment, right here’s how completely different teams of buyers and market individuals are reacting to the latest bullish momentum and the way it might influence worth over the approaching weeks.
Can BTC Attain A New 6-Determine Excessive?
In a latest put up on the X platform, Santiment revealed that there was a constructive shift within the temper of Bitcoin buyers within the crypto market. This burst of optimism got here on the again of the premier cryptocurrency’s run to above the $95,000 degree for the primary time since February 2025.
Santiment shared that the thrill and FOMO (worry of lacking out) within the Bitcoin market are predictably at their highest degree in 2025. Particularly, the extent of greed throughout varied social media platforms seems to be climbing considerably, reaching its highest degree because the election of Donald Trump as US President.
On-chain information from Santiment reveals that the ratio of constructive commentary to adverse commentary in regards to the Bitcoin worth is 2.1 bullish posts to 1.0 bearish posts, reflecting the optimistic and grasping state of the market. In consequence, the analytics agency expects the flagship cryptocurrency to be quiet over this weekend.
Supply: @santimentfeed on X
This sluggish and probably adverse worth motion over this weekend is related to the retail merchants who’re prone to ebook income across the present worth. Nevertheless, if the retail buyers proceed to promote their property, Santiment famous that the whales (massive buyers) would possibly mop up the offered cash.
In response to the blockchain agency, the shopping for exercise of the whales could possibly be bullish for the Bitcoin worth, pushing the market chief towards a six-figure valuation. “In the event that they promote right here as a result of they suppose we’re seeing a high, whales would probably scoop up these cash and probably push Bitcoin above $100K within the subsequent 1-2 weeks,” the put up learn.
Moreover, Santiment postulates that the probability of reaching a neighborhood high across the present worth is dependent upon the investor sentiment (the crypto crowd’s degree of worry and greed) or the decoupling of Bitcoin from the US equities market. Therefore, listening to sentiment-related metrics might assist present perception into the subsequent transfer for the Bitcoin worth.
Bitcoin Value At A Look
As of this writing, the value of BTC stands at round $94,546, reflecting an over 1.5% improve previously 24 hours.
The worth of BTC on the every day timeframe | Supply: BTCUSDT chart on TradingView
Featured picture from iStock, chart from TradingView
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