{"id":2181,"date":"2026-04-07T16:55:40","date_gmt":"2026-04-07T16:55:40","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=2181"},"modified":"2026-04-07T16:55:40","modified_gmt":"2026-04-07T16:55:40","slug":"extreme-bearish-sentiment-around-bitcoin-may-signal-a-buying-opportunity","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/04\/07\/extreme-bearish-sentiment-around-bitcoin-may-signal-a-buying-opportunity\/","title":{"rendered":"Extreme Bearish Sentiment Around Bitcoin May Signal a Buying Opportunity"},"content":{"rendered":"\n
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A long term sentiment indicator for Bitcoin has dropped into deeply bearish territory, a level that analyst Joao Wedson believes often appears just before market bottoms form.<\/p>\n\n\n\n

He explained that this phase, typically marked by widespread pessimism, exhausted retail traders, and overwhelmingly negative narratives, can create favorable conditions for experienced investors to begin accumulating.<\/p>\n\n\n\n

In a recent post, Wedson highlighted that the 720 day Trend Barrier Bull Bear Indicator is now at strongly negative levels. Historically, this has occurred when liquidity has largely left the market and institutional players quietly start building positions.<\/p>\n\n\n\n

Using the framework of Wyckoff Method, he noted that the current structure resembles a selling climax and final shakeout phase. In his view, this does not signal the beginning of a major decline but rather the final stages of one.<\/p>\n\n\n\n

He added that while further downside is still possible, any additional drops are likely to be less severe. However, he did not rule out the chance of a sharp decline that could trigger one last wave of panic among investors.<\/p>\n\n\n\n

According to Wedson, sentiment is expected to remain weak in the coming weeks, with Bitcoin either moving sideways or slipping slightly, creating a sense of discouragement in the market. He believes this period of low interest and fear could last for several more months, presenting a window for long term investors to accumulate.<\/p>\n\n\n\n

Short term positioning data also reflects a fragile setup. Glassnode reported that Bitcoin is currently trading within a negative gamma zone between 65,000 and 70,000 dollars, where hedging activity by market makers can increase price swings. Resistance is forming near 72,000 dollars, while weaker support below leaves room for further downside if momentum fades.<\/p>\n\n\n\n

Bitcoin recently moved above 70,000 dollars following reports of a possible ceasefire between the United States and Iran, but the move was short lived. The price quickly reversed and fell back to around 68,000 dollars, marking a decline of nearly 2 percent over the past day.<\/p>\n\n\n\n

Another analyst, Axel Adler Jr., pointed to historical pricing levels to assess the current correction. He noted that Bitcoin is trading just above the 1.25 times realized price level at approximately 67,675 dollars, which often separates moderate pullbacks from deeper bear market conditions.<\/p>\n\n\n\n

If Bitcoin can quickly recover this level after brief dips below it, a gradual move toward the 1.7 times realized price level near 92,038 dollars remains possible. However, if the price stays below 67,675 dollars for an extended period, the likelihood of a deeper decline toward the 54,000 to 58,000 dollar range would increase.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A long term sentiment indicator for Bitcoin has dropped into deeply bearish territory, a level that analyst Joao Wedson believes often appears just before market bottoms...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2181","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=2181"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2181\/revisions"}],"predecessor-version":[{"id":2183,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2181\/revisions\/2183"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=2181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=2181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=2181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}