Bitcoin's social sentiment has hit a low in 2024, suggesting a potential recovery above $100,000. Currently, Bitcoin trades at over $97,150, down 10% from its all-time high of $108,300. Analysts note that negative sentiment often precedes market rebounds, hinting at a possible breakout.

Fractal patterns suggest Bitcoin might recover soon, though another week of downtrend is possible. Historical data indicates similar patterns in past years. Looking ahead, improved economic conditions could push Bitcoin above $160,000 by 2025, according to Matrixport. Stay tuned for potential market shifts!