Analyst Benjamin Cowen created a chart showing the changes in Bitcoin's social risk metric over time, demonstrating the influence of sentiment and public perception on price movements. The data reveals an inverse correlation between social risk and Bitcoin's price, with social risk decreasing as the price rises during bull runs. The current social risk is at a relatively low level of 0.223, indicating a less volatile market compared to previous years. The chart also highlights the significance of YouTube views and Twitter analysis in Bitcoin's risk, with social media playing a role in determining its perceived value. While the market is currently stable, analysts warn that it is still sensitive to shifts in social media sentiment and investors should closely monitor these metrics.



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