<ul data-eligibleForWebStory="true"><li>Bitcoin retail sentiment has reached its most bearish level since early April, according to data from Santiment.</li><li>As of June 19, the ratio of bullish to bearish social media commentary is at 1.03 bullish comments for every 1 bearish.</li><li>This sentiment level is the lowest since April 6, a time of high fear and doubt in the market.</li><li>Past trends suggest that such pessimistic sentiment often precedes upward price movement.</li><li>Traders' impatience and bearish sentiment may indicate a bullish sign in the current crypto market lull.</li><li>Historical data shows that dips in the sentiment ratio have typically been followed by price recoveries.</li><li>Bitcoin is consolidating near $105K, while negative retail sentiment could be close to exhaustion, potentially paving the way for a price rebound.</li></ul>

Bitcoin Retail Sentiment Hits Most Bearish Level Since April

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