$BTC is showing strength near the $96,000 level, but what’s more interesting is the mood of the market. Despite the recent price recovery, social sentiment around Bitcoin has turned noticeably bearish. Many traders remain doubtful and expect a pullback, even as price continues to hold higher levels.
Historically, this kind of setup has often worked in Bitcoin’s favor. When the crowd is fearful or skeptical, selling pressure is usually limited because most weak hands have already exited. This creates room for price to move higher as buyers slowly regain control. In simple terms, negative sentiment can act as fuel rather than a barrier.
From a technical view, Bitcoin has already broken out of a bullish price structure on the daily chart. This suggests buyers are stepping in with confidence, even if retail traders are hesitant. Holding above key support zones strengthens the case for continuation.
If this pattern continues, Bitcoin could be drawn toward the psychological $100,000 level. As price rises and disbelief remains, sidelined traders may be forced to enter later, pushing momentum even further. For now, bearish sentiment combined with strong structure favors the upside.