The Cryptocurrency Fear and Greed Index has remained in extreme fear for two consecutive weeks.
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According to Alternative data, the Crypto Fear & Greed Index is at 23 today, indicating that market sentiment has remained in an "extreme fear" state for two consecutive weeks, with sentiment staying low for most of December. Industry opinions on bitcoin's performance in 2026 are divided. PlanC believes that bitcoin has never declined for two consecutive years and expects a bull market next year; Bitwise Chief Investment Officer Matt Hougan is also optimistic. However, veteran trader Peter Brandt and Fidelity's Director of Global Macro Jurrien Timmer believe that 2026 could be a "sluggish year" for bitcoin, with prices possibly falling to the $60,000–$65,000 range.
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