Cryptocurrency Bitcoin Surpasses $100,000 Mark as Public Opinion Remains at 5-Year Low Levels
Bitcoin's Upward Momentum Amidst Subdued Retail Enthusiasm
Bitcoin's latest price surge has been a topic of interest, but the social metric suggests that the crowd has not entered the market in full force. This metric tracks public sentiment compared to historical cycles and, if past patterns repeat, the social sentiment index may rise later in the cycle.
Recent analysis shows Bitcoin ended July 2025 at a new monthly close high around $115,800, with key support holding near $114,000. However, trading volume has decreased substantially, indicating that the crowd or retail enthusiasm is subdued. This shift towards large-scale investors and institutions has been observed despite historic price levels.
The contrast between Bitcoin's current price performance and its previous sentiment peaks suggests untapped retail activity. The social metric risk for Bitcoin is currently at 0.039, a level typically seen during bear market conditions.
Google Trends data supports this observation, as global searches for "Bitcoin" remain below past peaks, with a current trend score of 23. This divergence between Bitcoin's price and social engagement suggests institutional activity may be driving the rally.
The lag in enthusiasm could lead to an extended rally, should crowd interest eventually catch up with market valuation. Analysts believe that once social metrics begin to rise, the upward price momentum could intensify as retail participation floods in.
Technically, bullish formations like the inverse head-and-shoulders pattern and expected seasonal tailwinds post-halving suggest the potential for a rally toward targets ranging from $128,000 to $150,000 or higher. Institutional accumulation and scarcity-based models (e.g., stock-to-flow) point to even higher price mid-term targets ($300,000 to $600,000).
However, subdued crowd enthusiasm with lower trading volumes can imply less conviction from retail traders, which may increase the risk of corrections if institutional buyers pause or macro factors shift. The key technical threshold to watch is maintaining above $116,000; failure here could lead to retesting $111,800 or even $104,000 levels. Lower volume also means price moves could become more volatile and susceptible to sharp pullbacks rather than smooth upward trends.
In summary, Bitcoin’s upward momentum can continue, supported by strong technical setups and institutional demand despite subdued retail enthusiasm. Lower trading volume and crowd participation may make price action more volatile and prone to sudden corrections if support levels fail. Future price targets remain bullish, with potential rallies toward $130,000 to $150,000+, and longer-term models predicting much higher levels. Key immediate risk lies in maintaining support around $114,000–$116,000; breaching this could trigger a more significant downturn. Therefore, subdued crowd enthusiasm does not preclude upward momentum but warrants caution as the market may be more fragile and reactive to changes in institutional behavior or macroeconomic conditions.
Cryptocurrency's surge in value, such as Bitcoin, is primarily driven by institutional investors and large-scale financiers, as indicated by the decreased trading volume and subdued retail enthusiasm. With the potential for untapped retail activity and rising social sentiment indexes, investing in cryptocurrencies could become more popular in the future, given bullish technical formations and long-term price targets.
