Bitcoin's bearish market turmoil has led to a significant drop in bullish remarks across social media platforms, according to data from crypto analytic firm Santiment. This decline in trader euphoria is seen as a potential bottom signal, indicating a possible market trend reversal. Since hitting a new all-time high in March, Bitcoin has been trading between $60,000 and $70,000. Analysts note that Bitcoin typically enters a consolidation phase post-halving before experiencing a bullish breakout. Currently, Bitcoin is consolidating in the post-halving reaccumulation range with a resistance level of approximately $71,500 and a support level around $60,600.