Bitcoin sentiment falls to 2023 low, but ‘risk on’ environment may emerge to spark BTC price rally

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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Coin Telegraph 19h ago

Bitcoin sentiment falls to 2023 low, but ‘risk on’ environment may emerge to spark BTC price rally - Coin Telegraph

Quick Summary:

The bull score remained above 40 throughout 2024, only dipping below this threshold in February 2025, as identified in the chart above. However, over the past 24 hours, Bitcoin price has displayed resilience when compared against the massive losses seen in the US stock market.

Speaking on Bitcoin and the crypto market’s potential as a hedge against traditional market volatility, crypto trader Jackis said, “A reminder, this is not a crypto-driven drop but an overall risk-on, tariff, trade war-driven drop.

According to Bitcoin’s “bull score index,” investor sentiment is showing its lowest reading in two years. Bitcoin bull score index.