Bitcoin’s price has been approaching its all – time high recently, and the sentiment of the bulls in the market is heating up again. As of June 11, 2025, the ratio of positive to negative comments about Bitcoin on social media has reached 2.12. This is the highest level since November 6, 2024, the day after US President Donald Trump was elected. Crypto analytics platform Santiment said in a post on June 11 that there are currently 2.12 positive Bitcoin comments for every negative comment on social media.
Bitcoin has broken through the $110,000 mark several times this week, which has pushed the bullish market sentiment to a seven – month high. On May 22, 2025, Bitcoin reached an all – time high of nearly $112,000. Although the price has fluctuated slightly since then, it still shows a strong upward trend. As of June 12, Bitcoin is trading at around $108,635, down 3% from its all – time high. The Crypto Fear & Greed Index currently scores 71, indicating a “greedy” market sentiment.
Analysts said that the current technical structure of Bitcoin remains bullish, and on – chain data and price trends also support the bullish outlook. Some analysts even predict that if Bitcoin breaks through the $112,000 mark with volume confirmation, it may enter a new round of price discovery, and the short – term target price could reach between $120,000 and $140,000.
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