Data shows the Bitcoin market sentiment has retreated away from the extreme greed territory, something that may pave way for the rally to continue.

Data shows that Bitcoin traders have been clamoring on social media for the price to reach a new all-time high (ATH) after breaking above $52,000.<

Data suggests users on Reddit were calling to buy the recent Bitcoin dip while other social media platforms were either bearish or indecisive.

Bitcoin has seen a rebound back above the $43,000 level during the past day. Here’s a possible reason behind this reversal in the asset.

Data shows the Bitcoin market sentiment is right on the edge of venturing into extreme greed.

Data shows that cryptocurrency traders on social media are still bullish about the market, something that could actually be negative for Bitcoin’s

Data shows the Bitcoin trader sentiment has turned into that of greed since the rally toward the $35,000 level occurred.

Data shows the Bitcoin market sentiment has returned to neutral today for the first time in September.

Data shows that Bitcoin holders have recently remained hesitant, as the market sentiment has been neutral for over three weeks.