Bitcoin price action is a bit outstanding going on the weekend, reflecting the positive climate on the market over the past week. According to Blockchain analytics firm Santiment, here's how different groups of investors and market participants respond to recent bullish momentum and how it will affect prices in the coming weeks.
Can BTC reach a new 6-figure high?
In a recent post on X platform, Santiment revealed That had a positive move to the condition of Bitcoin investors in the crypto market. The explosion of this optimism came to the back of the premier cryptocurrency running up to a $ 95,000 level at the first time since February 2025.
Santiment shared that the chaos and Fomo (fear of losing) in the Bitcoin market would be predicted to their highest level in 2025. Specifically, the level of greed on various social media platforms appears to have climbed significantly, reaching the highest level since the election of Donald Trump as President of the US.
On-chain data from Santiment shows that the ratio of positive commentary to the negative commentary on the price of Bitcoin is 2.1 bullish post in the 1.0 Bearish Post, which reflects the optimistic and greedy market state. As a result, the Analytics firm expects the cryptocurrency flagship to be quiet over the weekend.
Source: @santimentfeed on X
The lazy and potential negative price action this weekend is connected to retail businessmen who are likely to book revenue around the current price. However, if retail investors continue to sell their properties, Santiment noted that whales (large investors) can provoke soldiers.
According to the blockchain firm, the activity of buying whales can be bullish for the price of Bitcoin, which drives the market leader toward a six figure of appreciation. “If they sell here because they think we're seeing a top, the whales are likely to scoop up the coins and potentially push Bitcoin above $ 100k over the next 1-2 weeks,” the post read.
Moreover, Santiment has posted that the possibility of reaching a local top around the current price depends on the investor's sentiment (the level of fear and greed of the crowd) or the degeneration of Bitcoin from the US -equivalent market. Therefore, paying attention to emotion -related metrics can help provide insight into the next move for the price of Bitcoin.
Price of bitcoin at a glance
As of this writing, the BTC price stands around $ 94,546, reflecting a more than 1.5% increase in the past 24 hours.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image from Ishock, chart from tradingview
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