Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Share
CoinDesk 2025-06-21 09:48:56

Bitcoin Falls Below $104K as Retail Investor Sentiment Returns to Liberation Day Levels

Bitcoin Falls Below $104K as Retail Investor Sentiment Returns to Liberation Day Levels

Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research's technical analysis model. This price behavior reflects an uneasy market backdrop, shaped by both geopolitical tensions and uncertain monetary policy. According to an X post by crypto analytics firm Santiment on Thursday, sentiment among retail investors has turned sharply negative. The firm reported that the ratio of bullish to bearish commentary has fallen to just 1.03 to 1 — the lowest since early April, when the President Donald Trump unveiled his so-called Liberation Day tariffs, triggering peak market fear at the time. Santiment emphasized that this current wave of retail pessimism is unusually intense and, based on past patterns, may mark a contrarian signal for a price rebound. They specifically noted that back in April, Bitcoin rallied shortly after similar fear levels surfaced, suggesting large investors often use periods of retail capitulation to accumulate at favorable prices. Adding to the pressure is the Federal Reserve's recent decision to hold interest rates steady, which has kept btcoin trading in a relatively tight $100,000 to $110,000 range over the past month. Meanwhile, on-chain metrics show declining open interest on Binance, pointing to continued deleveraging among derivatives traders. At the same time, whale wallets have shown steady accumulation since 2023 — an indication that large holders are continuing to build their positions despite the short-term uncertainty. Technical Analysis Highlights BTC-USD traded in a 24-hour range between $106,552.98 and $102,411.01, a 3.89% swing as volatility spiked midday. A sharp drop occurred between 14:00 and 17:00 UTC, pushing price below $104,000 and forming strong resistance near $106,000 on above-average volume. Support emerged between $103,000 and $103,500, where price consolidated on declining volume during the final eight hours of the analysis period. A V-shaped rebound developed late in the session, with BTC rising from $103,363 to $103,618 and establishing a local floor near $103,500. Short-term momentum indicators showed mild recovery as the session closed near intraday highs, but follow-through remained limited. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

Most Read News

Moralis Money
Market Cap
24h Vol
63.99%
Bitcoin Share
464
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.