Bitcoin Sentiment Healthier as Extreme Targets Ease
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Bitcoin “retail optimism is fading,” which may be a healthy indicator as sentiment returns to neutral territory, according to Santiment.
The overall number of crypto market participants calling for Bitcoin to enter new all-time high territory has tapered off, which crypto sentiment platform Santiment points out is a positive signal.
“Calls for Bitcoin to hit $150k to $200k, and even $50k to $100k, are drying up,” Santiment said in a report on Friday.
“This reduction in FOMO and 'Lambo' memes is actually a healthy market indicator. It shows that retail optimism is fading,” Santiment added.
Bitcoin sentiment bumps up to ‘neutral’
While prominent Bitcoin advocates such as BitMEX co-founder Arthur Hayes and BitMine chair Tom Lee were openly calling for Bitcoin to reach as high as $250,000 during 2025, the asset’s price ended up reaching $126,100 in October, before entering a downtrend that ultimately led to ending the year lower than where it started.
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