Key Takeaways
Why are investors worried about Bitcoin right now?
BTC’s Social Sentiment hit its third most bearish reading in six months, signaling rising fear despite steady fundamentals.
Is Bitcoin’s drop below $100,000 a bad sign?
Not necessarily. Experts say the 20% dip could be a buying opportunity.
Bitcoin’s [BTC] mood turned darker than its data.
Social Sentiment just hit its third most bearish reading in six months, at a moment when the fundamentals aren’t actually breaking. Instead, BTC remained near historic relative lows against Apple [AAPL] and NVIDIA [NVDA], and the on-chain base case still looks firm.
It feels like sentiment pricing in stress that the network itself isn’t showing yet.
Crypto Analyst Nic Puckrin, Co-Founder of The Coin Bureau, told AMBCrypto,
Fear peaks even as traders buy the dip
Source: Santiment
Bitcoin’s drop coincided with one of the most bearish comment ratios in six months, yet crowd behavior revealed a twist.
Santiment data showed the highest level of Negative Words in eight months, even as “buy” mentions stayed elevated. Similar setups, like in late October, preceded short-term recoveries.
Source: Santiment
The latest data showed extreme negativity paired with active buy mentions. BTC may be near another local sentiment-driven inflection point.
The flush that reset the market
Source: X
The crypto market’s $1 trillion drawdown since January was a massive leverage reset. Open interest collapsed over 40% after peaking near record highs, as hundreds of thousands of traders were liquidated daily.
But adoption never slowed.
User counts jumped to 560 million, stablecoins now handle 30% of transactions, and institutional participation via ETFs and reserves keeps expanding.
While prices fell from $3.66 trillion peak to $2.65 trillion, fundamentals strengthened. The market is rebuilding from forced liquidation.
That disconnect between fear and fundamentals is also showing up beyond crypto charts, too.
Bitcoin’s relative value against traditional market leaders
Source: X
BTC/NVIDIA touched the bottom of its long-term channel, a level that has triggered reversals where Bitcoin went on to outperform NVIDIA’s stock. Similarly, BTC/APPLE stayed inside a clean multi-year structure, cooling off after its July 2025 peak.
Source: X
Together, this could mean a rotation of capital back into BTC as tech momentum cools. This is a setup that’s repeatedly meant the start of new strength cycles for Bitcoin.
About BTC’s current state, Puckrin said,
Source: https://ambcrypto.com/is-bitcoins-price-dip-a-buy-signal-for-long-term-btc-investors/


