Crypto market sentiment remains in "extreme fear" for two consecutive weeks, with the industry divided on BTC trends for 2026

TechFlow News, December 27, according to Cointelegraph, Alternative data shows that today the Crypto Fear & Greed Index is at 23, with the market remaining in an "extreme fear" state for two consecutive weeks.

For most of December, market sentiment has hovered near low levels, and industry analysts hold differing views on the performance of bitcoin in 2026.

For example, PlanC believes that bitcoin has never experienced two consecutive years of annual decline, so a bull market is expected next year. Bitwise Chief Investment Officer Matt Hougan is also optimistic about next year's rise, while veteran trader Peter Brandt and Fidelity Global Macro Research Director Jurrien Timmer believe that 2026 may be a "sluggish year" for bitcoin, with prices possibly falling to the $60,000-$65,000 range.