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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026
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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026

Bitcoin Sentiment Worst Since 2022 Bear As Price Crash Continues

Keshav Verma
Keshav Verma
Last Updated: February 7, 2026 2:00 am
2 mins read
Bitcoin

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Data shows the Bitcoin Fear & Greed Index has continued to decline recently, with its value now hitting the lowest level since the 2022 bear market.

Bitcoin Fear & Greed Index Is Deep Inside Extreme Fear Zone

The “Fear & Greed Index” refers to an indicator created by Alternative that tracks the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets.

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The index determines the trader mentality using the data of the following five factors: trading volume, volatility, market cap dominance, social media sentiment, and Google Trends. To represent the sentiment, it makes use of a numerical scale running from zero to hundred.

When the value of the indicator is above 53, it means the investors as a whole share a sentiment of greed. On the other hand, the metric being under 47 suggests the dominance of fear. Naturally, the index lying between these two cutoffs implies a neutral mentality is shared by the majority.

Besides these three main zones, there are also two ‘extreme’ regions called the extreme fear (25 and below) and extreme greed (above 75). After the recent market downturn, sentiment among cryptocurrency traders has deteriorated into the former of the two.

Here is how the latest value of the Bitcoin Fear & Greed Index looks:

Bitcoin Extreme Fear
The value of the metric appears to be 9 | Source: Alternative

As displayed above, the Bitcoin Fear & Greed Index has a value of 9 at the moment, which is a pretty low level. In fact, this level is so deep into extreme fear that this is the first time in the current cycle that the metric has reached it.

Below is a chart that shows how the current level of extreme fear lines up against the indicator’s historical data.

Bitcoin Fear & Greed Index
The trend in the BTC Fear & Greed Index over the past year | Source: Alternative

From the graph, it’s visible that the last time the Bitcoin Fear & Greed Index reached a value this low was back in June 2022, right in the middle of that year’s bear market.

The latest drop in the metric to a single-digit value is a result of the price drawdown that BTC and other cryptocurrencies have faced since the last week of January. This decline in sentiment, however, may not be such a bad thing for the sector, if history is to go by.

Often, an extremely fearful market facilitates bottom formations as underwater investors capitulate and resolute hands pick up their coins. During a bear market, however, the Fear & Greed Index is usually inside the zone for a notable duration before a bottom is reached.

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If the recent shift in the sector reflects a transition to a bear market, then it only remains to be seen how long mood will be in extreme fear before relief arrives for Bitcoin and company.

BTC Price

At the time of writing, Bitcoin is floating around $67,100, down 19% over the last seven days.

Bitcoin Price Chart
Looks like the price of the coin has plummeted | Source: BTCUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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