Express
Analysis: Despite 'Extreme Fear' in Crypto Market Sentiment, Analysts Say BTC Will Not Fall for Two Consecutive Years
Summary: According to Alternative data, the cryptocurrency fear and greed index reached 23 today, marking two weeks of 'extreme fear' sentiment. This suggests that market sentiment has been hovering near lows for most of December, making it unlikely to achieve Tom Lee's previous $250,000 price prediction this year. Currently, industry analysts have differing views on Bitcoin's ...
According to Alternative data, the cryptocurrency fear and greed index reached 23 today, marking two weeks of 'extreme fear' sentiment. This suggests that market sentiment has been hovering near lows for most of December, making it unlikely to achieve Tom Lee's previous $250,000 price prediction this year.
Currently, industry analysts have differing views on Bitcoin's performance in 2026. Bullish views include: PlanC believes Bitcoin has never experienced two consecutive years of annual decline and has survived bear markets, indicating a bull market next year. Strategy CEO Phong Le points out that Bitcoin's fundamentals remain strong, and Bitwise CIO Matt Hougan also expects an increase next year;
Bearish views include: Veteran trader Peter Brandt believes Bitcoin will fall to $60,000 in the third quarter of 2026, while Fidelity's global macroeconomic research director Jurrien Timmer suggests 2026 could be a 'low year' for Bitcoin, with prices potentially dropping to the $65,000 range.
Tags:
Link: Analysis: Despite 'Extreme Fear' in Crypto Market Sentiment, Analysts Say BTC Will Not Fall for Two Consecutive Years [Copy]
