<ul data-eligibleForWebStory="true"><li>Santiment recently tracked Bitcoin price predictions across social platforms like X, Reddit, Telegram, and others.</li><li>Retail calls were categorized based on sentiment into ranges of $30K–$70K and $120K–$160K.</li><li>Bitcoin has not traded below $70,000 or exceeded its record high of $112,000 in the past three months.</li><li>Retail discussions often showed extremes of panic-selling or euphoric targets.</li><li>Santiment data suggests that sentiment swings can offer reliable counter-trading opportunities.</li><li>For instance, a significant shift in sentiment was observed between June 4 and June 6 when Bitcoin dropped to $101,000.</li><li>This shift led to a swift recovery as whales began accumulating amidst retail panic.</li><li>Santiment indicates that current retail sentiment appears mixed, potentially offering contrarian opportunities.</li><li>The firm emphasizes the effectiveness of counter-trading based on observing emotional tides of retail traders alongside price charts.</li></ul>

Santiment Reveals the Bitcoin Indicator That Outsmarts Support and Resistance

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