CryptoQuant: Bitcoin Analyst Sentiment Enters Clearly Bearish Territory

Odaily reports that CryptoQuant indicates Bitcoin analyst sentiment is becoming increasingly bearish, with the analyst consensus index dropping from -1.0σ to -1.8σ over 7 days, as Bitcoin's price fell back to around $73,000 during the same period. Over the past 7 days, among 149 analysts with clear positions, 88 were bullish and 59 were bearish, with bulls accounting for approximately 62%—still slightly bullish in absolute terms, but significantly down from recent norms. ETF outflows, inflation concerns, and Nasdaq weakness are weighing on market sentiment. The index tracks the bullish and bearish views on Bitcoin expressed by analysts covered by CryptoQuant on platforms such as X, Seeking Alpha, and Substack, aggregated on a one-person-one-vote basis, and then compared with the normal level over the past 90 days. A negative value means current consensus is more bearish than the recent norm, and a reading at or below -1.5σ is marked as clearly bearish territory.