{"id":82851,"date":"2026-04-19T02:31:32","date_gmt":"2026-04-19T02:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=82851"},"modified":"2026-04-19T02:31:32","modified_gmt":"2026-04-19T02:31:32","slug":"bitcoin-sentiment-remains-at-extreme-low-despite-price-surge-above-77k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=82851","title":{"rendered":"Bitcoin Sentiment Remains At Extreme Low Despite Price Surge Above $77K"},"content":{"rendered":"
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The price of Bitcoin has been on a tear in the past week, drawing positive momentum from the improving conditions of the ongoing conflict in the Middle East. On Friday, April 17, the premier cryptocurrency surged to around $77,500<\/a>, reaching a new 10-week high on the day. Despite the heating price action, on-chain data suggests that there has not been a commensurate increase in investor sentiment.<\/p>\n

Bearish Investor Sentiment Could Mean Continued BTC Rally?<\/strong><\/h2>\n

In a recent post on the social media platform X, Santiment revealed<\/a> that the Bitcoin market sentiment is still at an extreme low after the latest run-up toward the $77,500 level. Contrary to general expectations, the latest spurt of bullish price action did not trigger a wave of FOMO (fear of missing out) sentiment among investors.<\/p>\n

According to data from Santiment, there are currently two bearish comments for every two bullish remarks about the world\u2019s largest cryptocurrency. The on-chain analytics firm mentioned that retail investors are showing signs of fatigue related to the ongoing geopolitical tensions and continued ceasefire developments.<\/p>\n

Related Reading: Stocks Are At All-Time Highs, Bitcoin Is Lagging: Is BTC Late To The Rally?<\/a><\/p>\n

Santiment wrote on X:<\/p>\n

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So even though there is an end-of-week rally related to Trump\u2019s latest announced ceasefire, retail appears to be taken any news with a grain of salt.<\/p>\n<\/blockquote>\n

What\u2019s interesting is that this FUD (fear, uncertainty, and doubt) and not-so-bullish investor sentiment seems to spell good news for the Bitcoin price. Typically, rallies tend to be short-lived whenever investor sentiment overheats, aligning with the market theory that prices move in the opposite direction of the crowd.<\/p>\n

As Santiment noted in its post on X, most traders are skeptical about the continued rally of the Bitcoin price, with many confidently expecting an $84,000 top (at the very best). However, the flagship cryptocurrency could surge past this expected top, as it has often done in the past.<\/p>\n

\"Bitcoin\"<\/p>\n

\u201cThis also is a good sign that a rally can shoot right past the small traders\u2019 expected outcomes, and potentially surge to $90K+; Markets nearly always move opposite to the crowd\u2019s expectations, so avoid following the herd,\u201d the blockchain intelligence firm said.<\/p>\n

Santiment, however, warned that new developments can emerge, meaning that the Bitcoin price trajectory could change in a heartbeat. From fresh developments in the Middle East tensions to whether the Clarity Act proposal<\/a> reaches US President Donald Trump\u2019s desk, there are several factors to watch out for over the coming weeks.<\/p>\n

Bitcoin Price At A Glance<\/strong><\/h2>\n

As of this writing, the price of BTC stands at around $77,381, reflecting 3% increase in the past 24 hours.<\/p>\n

\"Bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

The price of Bitcoin has been on a tear in the past week, drawing positive momentum from the improving conditions of the ongoing conflict in the Middle East. On Friday, April 17, the premier cryptocurrency surged to around $77,500, reaching a new 10-week high on the day. Despite the heating price action, on-chain data suggests […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-82851","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/82851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82851"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/82851\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}