Essential Highlights:
The Crypto Fear & Greed Index has returned to levels reminiscent of when Bitcoin was valued at $83,000.
There is speculation on whether we have reached the BTC price “turning point.”
User behavior on social media indicates that a price rebound is anticipated next.
Overnight Thursday, Bitcoin (BTC) sentiment significantly dropped as the most recent dip in BTC prices triggered new liquidations.
The latest data from the Crypto Fear & Greed Index reveals that the prevailing emotion is now “fear.”
Echoes of Bitcoin Sentiment from April Lows
As Bitcoin approaches new monthly lows beneath $109,000, market sentiment is quickly shifting.
The Fear & Greed Index, which reacts slowly to market changes, dropped to 28/100 on Friday, its lowest since April 11. This index fell by 16 points in just one day.
“MORE fear and a HIGHER price,” stated Michael Pizzino, host of a crypto YouTube channel, in part of an X post regarding the situation.
Pizzino pointed out an emerging divergence between price and sentiment.
Historical data indicates that the last time the Fear & Greed Index was below 30/100, BTC/USD traded at approximately $83,000, just after its recovery from the lows of $75,000, as confirmed by data from Cointelegraph Markets Pro and TradingView.
This has led some analysts to suggest that a market reversal may be imminent.
“Could this signify the turning point Bitcoin and Crypto have been waiting for? The analysis appears promising, but it remains unconfirmed,” Pizzino remarked.
The Fear & Greed Index has shown wild fluctuations throughout 2025. As reported by Cointelegraph, in February, the Index plummeted to just 10/100 due to macroeconomic uncertainties regarding US trade tariffs.
“Impatience and Bearishness” Dominate BTC Price Trends
Prior to the most recent dip, some indicators suggested an impending BTC price rebound.
Related: Four factors preventing Bitcoin from achieving all-time highs like gold and stocks
On Tuesday, research platform Santiment revealed that social media users were already confident that lower prices would soon arrive.
“As always, social media is vocal about Bitcoin’s next direction. Historically, lower price expectations increase the likelihood of that outcome, while higher predictions suggest lower future prices,” it explained to its followers on X.
Santiment noted a surge of “impatience and bearishness from the retail crowd.”
At the same time, data showed that large-volume traders had been increasing their exposure in recent days.
This article does not offer investment advice or recommendations. Every investment and trading move comes with risks, and readers should carry out their own research before making any decisions.
