Cryptocurrency market sentiment has been "extremely fearful" for two consecutive weeks, and industry opinions on BTC's outlook for 2026 vary.

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Deep Tide TechFlow News, December 27 — According to Cointelegraph, Alternative data shows that today’s cryptocurrency fear and greed index is at 23, and the market has been in a state of “extreme fear” for two consecutive weeks.

Most of December, market sentiment has been hovering at low levels. Industry analysts have differing views on Bitcoin’s performance 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 an increase next year, while veteran trader Peter Brandt and Fidelity Global Macro Research Director Jurrien Timmer think 2026 could be Bitcoin’s “year of stagnation,” with prices possibly falling to the $60,000–$65,000 range.

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