{"id":841514,"date":"2025-04-17T09:11:44","date_gmt":"2025-04-17T14:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/17\/bitcoin-social-sentiment-turns-positive-as-traders-eye-return-to-90k\/"},"modified":"2025-04-17T09:11:44","modified_gmt":"2025-04-17T14:11:44","slug":"bitcoin-social-sentiment-turns-positive-as-traders-eye-return-to-90k","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/17\/bitcoin-social-sentiment-turns-positive-as-traders-eye-return-to-90k\/","title":{"rendered":"Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K"},"content":{"rendered":"<p>You are here: <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/\" itemprop=\"item\"><span itemprop=\"name\">Home<\/span><\/a><meta itemprop=\"position\" content=\"1\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/news\/\" itemprop=\"item\"><span itemprop=\"name\">News<\/span><\/a><meta itemprop=\"position\" content=\"2\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K<\/p>\n<article aria-label=\"Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K\" itemscope itemtype=\"https:\/\/schema.org\/CreativeWork\">\n<div itemprop=\"text\">\n<ul>\n<li><strong>Bitcoin sentiment score rose to 1.973 on April 16, signaling renewed trader optimism.<\/strong><\/li>\n<li><strong>Bitcoin briefly hit $86,000 on April 15, now trading near $84,754 with 1.69% gains.<\/strong><\/li>\n<li><strong>Traders eye $90,000\u2013$95,000 targets, but futures sentiment hovers weakly around 0.4 support<\/strong>.<\/li>\n<\/ul>\n<p>Social chatter around Bitcoin has turned sharply bullish, even as the world\u2019s top cryptocurrency continues to float near $85,000. Traders online are placing their bets on a rebound, hoping for a fresh rally toward $90,000. On April 16, Santiment, a crypto analytics platform, <a href=\"https:\/\/x.com\/santimentfeed\/status\/1912536269831483558\" target=\"_blank\">reported<\/a> that Bitcoin-related posts have become bullish again.<\/p>\n<p>\u201cTraders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,\u201d Santiment said in an April 16 X post. The last time it touched the $90,000 mark was back on March 6.<\/p>\n<p>The shift in tone was tracked using Santiment\u2019s sentiment score, which hit 1.973 on April 16, pushing into bullish territory. The platform considers anything below 1.606 to be neutral or uncertain. This recent change signals a stronger belief among traders that the tide may be turning.<\/p>\n<div>\n<figure><img loading=\"lazy\" decoding=\"async\" data-perfmatters-preload width=\"1024\" height=\"577\" src=\"https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-7-1024x577.jpeg\" alt=\"Bitcoin 7\" title=\"Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K 2\"  ><figcaption>Source: Santiment<\/figcaption><\/figure>\n<\/div>\n<h2>Bitcoin Break Above $86K Could Trigger Rally<\/h2>\n<p>Bitcoin\u2019s price briefly jumped to $86,000 on April 15 before sliding back to $83,000 just a day later. By April 17, it was trading around $84,754, with a 1.69% increase over the previous 24 hours, based on CoinMarketCap data.<\/p>\n<p>The technical landscape is also gaining momentum. Crypto trader Captain Faibik <a href=\"https:\/\/x.com\/CryptoFaibik\/status\/1912715012721828190\" target=\"_blank\">pointed out<\/a> that Bitcoin bulls are struggling to push past the daily EMA50 level at $85,300. A breakthrough above that mark is needed to revive bullish momentum, he suggested.<\/p>\n<p>Meanwhile, another trader, MaBrown, <a href=\"https:\/\/x.com\/MaxBrownBTC\/status\/1912758962874728896\" target=\"_blank\">noticed<\/a> Bitcoin had broken out from a trendline and predicted a pump toward the $90,000 zone. Supporting this view, well-known analyst Ali Martinez<a href=\"https:\/\/x.com\/ali_charts\/status\/1912748358344617991\" target=\"_blank\"> mentioned <\/a>the TD Sequential just flashed a buy signal on its weekly chart. According to Martinez, \u201cA sustained close above $86,000 could open the door to $90,000 or even $95,000.\u201d<\/p>\n<div>\n<figure><img loading=\"lazy\" decoding=\"async\" data-perfmatters-preload width=\"1024\" height=\"698\" src=\"https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-8-1024x698.jpeg\" alt=\"Bitcoin 8\" title=\"Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K 3\"  ><figcaption>Source: Ali_Charts<\/figcaption><\/figure>\n<\/div>\n<h2>Derivatives Show Signs of Strain<\/h2>\n<p>Despite the visible excitement, a CryptoQuant contributor, abramchart sounded a cautionary note in a post <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1912452465837883516\" target=\"_blank\">titled<\/a> <em>\u201c<\/em>Weakening Futures Sentiment Signals Caution Amid Bitcoin Rally.<em>\u201d<\/em> According to him, the futures sentiment hasn\u2019t kept pace with the price surge.<\/p>\n<p>Between November 2024 and early 2025, Bitcoin experienced a strong rally, but market sentiment didn\u2019t keep pace. The sentiment index peaked early in the run and has been drifting lower ever since. It\u2019s now lingering near the 0.4 support level, suggesting traders might be locking in profits or sitting on the sidelines amid uncertain global signals.<\/p>\n<div>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" alt=\"Bitcoin 9\" title=\"Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K 4\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20width='1024'%20height='576'%20viewBox='0%200%201024%20576'%3E%3C\/svg%3E\" src=\"https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-9-1024x576.jpeg\" srcset=\"https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-9-1024x576.jpeg 1024w, https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-9-300x169.jpeg 300w, https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-9-768x432.jpeg 768w, https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/04\/Bitcoin-9.jpeg 1394w\"><figcaption>Source: CryptoQuant<\/figcaption><\/figure>\n<\/div>\n<p>The sentiment index has a known range, often topping out near 0.8 and finding support close to 0.2. A drop toward support could signal more consolidation ahead, especially if there\u2019s no major news to push Bitcoin higher.<\/p>\n<p>Related Readings | <a href=\"https:\/\/www.tronweekly.com\/xrp-etf-listed-in-the-us-how-to-make-37800-a-day-with-xrp-and-doge\/\">XRP ETF Listed in the US: How to Make $37,800 a Day with XRP and DOGE<\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.tronweekly.com\/bitcoin-social-sentiment-turns-positive\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Kashif Saleem<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are here: Home \/ News \/ Bitcoin Social Sentiment Turns Positive as Traders Eye Return to $90K Bitcoin sentiment score rose to 1.973 on April 16, signaling renewed trader optimism. Bitcoin briefly hit $86,000 on April 15, now trading near $84,754 with 1.69% gains. Traders eye $90,000\u2013$95,000 targets, but futures sentiment hovers weakly around<\/p>\n","protected":false},"author":1,"featured_media":841515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,700],"tags":[],"class_list":{"0":"post-841514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-social"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/841514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=841514"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/841514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/841515"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=841514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=841514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=841514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}