Bitcoin price rebound above $21K has turned investor sentiment bullish for the first time in six months and the second highest in 14 months.
) price climbed to a four-month high above $21,000 in the third week of January, relishing trader’s hope. The market has seen the most substantial investor optimism since July due to the January BTC price rebound.shared by crypto analytic firm Santiment, the trading crowd sentiment has touched its highest in six months and second highest bullish sentiment in the past 14 months.
The term"crowd/investor sentiment" describes how investors generally feel about a specific asset or financial market. It refers to the mood or tenor of a market, or the psychology of its participants, as expressed by activity and changes in the price of the asset exchanged in that market.The chart above shows three major spikes in investor sentiment since 2021. The first major spike in sentiment came in November 2021, followed by the BTC price surge to a new all-time high of $68,789.
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