Bitcoin’s Price Poised to Drop by 73% as Searches for Satoshi Nakamoto Rises ⋆ ZyCrypto

Interest in Bitcoin’s mysterious creator, Satoshi Nakamoto, has surged, and analysts warn the trend may carry bearish implications for BTC’s price.

Data shared by Alphractal shows that spikes in Wikipedia page views for Satoshi have historically aligned with major turning points in Bitcoin’s market cycle.

In most cases, rising curiosity during strong rallies has coincided with euphoric tops, while similar spikes after prolonged drawdowns have marked capitulation lows.

This pattern played out during the 2018 legal disputes and the 2021 wave of institutional hype, both of which preceded notable market peaks. In contrast, the post-FTX panic saw heightened interest emerge after prices had already collapsed, aligning closely with a cycle bottom.

However, the situation is more complex in 2025. The combination of renewed narratives around a US Strategic Reserve and dormant wallets moving roughly 80,000 BTC briefly pushed Satoshi into the world’s top eleven wealthiest individuals.

João Wedson of Alphractal argues that social interest in Satoshi acts as a reliable sentiment indicator. According to Wedson’s analysis, spikes in narratives tied to Satoshi Nakamoto are generally followed by price declines, with a 73% probability that Bitcoin will fall once such attention intensifies.

The Aphractal CEO cautions that traders who ignore sentiment risk falling prey to confirmation bias by relying solely on technical or fundamental signals.

That said, current interest has eased after the recent surge, raising the question of whether the market is entering a calm phase or simply pausing before another socially-driven move.

From a technical standpoint, Bitcoin is range-bound. Analyst Daan Crypto notes that BTC continues to consolidate around its 4-hour 200 MA and EMA, repeatedly failing to break the $93,000-$94,000 resistance zone.

The analysts believe a sustained move above this area could open the door to a liquidity retest in the $97,000-$98,000 range, but repeated rejections keep momentum uncertain.

Meanwhile, CoinMarketCap data reflects this balance of forces. Institutional support is growing, highlighted by Itaú Unibanco advising a 1–3% Bitcoin allocation and exchange reserves falling to 2.76 million BTC.

At the same time, elevated social sentiment, recent whale transfers, and macro uncertainty leave Bitcoin vulnerable if it fails to defend the $85,000-$90,000 support range.