Bullish! Confidence in Bitcoin Climbs as Social Signals Hit 4-Week High

Confidence in bitcoin has climbed sharply, supported by positive market momentum following President Trump’s State of the Union address. On Tuesday, the cryptocurrency rose to $66,200, coinciding with a notable increase in social confidence.

Santiment data highlights this shift, showing that bullish-to-bearish commentary across major social platforms, including X, Reddit, and Telegram, has reached a four-week high. The increase reflects stronger positive engagement among retail participants.

Social Sentiment Points to Optimism

A chart shared by the analytics platform tracks Bitcoin’s price alongside social sentiment metrics from January 23 to February 24, 2026. It displays four key elements: Bitcoin’s price movement, total positive sentiment, total negative sentiment, and the positive-to-negative sentiment ratio.

The chart shows a sharp rise in positive commentary during the last few days of the period, while negative sentiment remained relatively subdued. This highlights a clear tilt toward optimism in social discussions over that time frame.

Santiment’s chart also includes an annotation stating: “Retail Gets Optimistic of a $70K Return After Support Holds Strong and BTC Bounces Back to $66.2K.” This indicates that market participants are closely watching bitcoin’s recovery and are hopeful about its near-term trajectory.

Despite the surge in positive sentiment, Santiment emphasizes caution. While bullish commentary is notable, sustained social enthusiasm can limit upside potential because the market tends to overestimate short-term rallies.

Analysts Highlight Market Caution

At press time, bitcoin was trading around $65,500, slightly lower than yesterday’s peak of $66,200. Analysts are watching closely as the market digests this minor pullback.

Santiment analysts highlighted that retail commentary trends remain an important gauge of market sentiment. They caution that heightened optimism may not guarantee further gains, as participants often misjudge the timing of significant market turns.

The current momentum comes as discussions grow around BTC potentially testing the psychologically important $70,000 level. Firm support levels and increasing confidence are shaping expectations among market watchers.

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