Bullish Sentiment Rises in Bitcoin as $85K Consolidation Continues
Bitcoin is currently consolidating around the $85K mark, showing fluctuations between $83K and $86K. This pattern might be hinting at a possible breakout. According to recent data from Santiment, social media sentiment regarding Bitcoin has taken a positive turn. The bullish sentiment score has increased, moving from a neutral 1.606 to a significant 1.973. This shift suggests a renewed confidence among traders. With continued consolidation and improved sentiment, traders are anticipating a potential breakout soon. Keeping an eye on market trends is essential as Bitcoin approaches this critical juncture.