Bitcoin Sentiment Exits Extreme Fear as BTC Holds $89K
January 2, 2026

Image Source`;
// HTML for second Top Pick (before 3rd h2)
var toppickThirdHeader = `
Top Tools & Picks
HARDWARE WALLETS
View top BTC hardware wallets
›
IRA
Top IRAs for Bitcoin (control your keys)
›
CARDS
View the top crypto credit & debit cards
›
`;
var postContent = document.querySelector(‘.post__content’);
if (postContent) {
var h2s = postContent.querySelectorAll(‘h2’);
if (h2s.length > 0) {
// Insert the main Top Picks above first h2
h2s[0].insertAdjacentHTML(‘beforebegin’, toppicksHTML);
}
if (h2s.length > 2) {
// Insert the Credit Card Top Pick above third h2
h2s[2].insertAdjacentHTML(‘beforebegin’, toppickThirdHeader);
}
}
// Add fathom event tracking for both Top Picks sections
setTimeout(function() {
var picks = document.querySelectorAll(‘.top-picks .pick-row’);
picks.forEach(function(pick) {
pick.addEventListener(‘click’, function() {
if (typeof fathom !== “undefined” && fathom.trackEvent) {
fathom.trackEvent(‘Clicked Top Pick’);
var pickName = pick.getAttribute(‘data-pick’);
if (pickName) {
fathom.trackEvent(‘Clicked Top Pick: ‘ + pickName);
}
}
});
});
}, 0);
});
A widely followed market mood gauge climbed out of “extreme fear” on Friday, even as bitcoin remained below $90,000.
The Crypto Fear & Greed Index posted a score of 29, its highest reading in 21 days and the strongest level since Dec. 12.
Bitcoin was trading around $88,995 at the time of publication.
Sentiment improves, but fear remains
The move higher comes after the index spent roughly eight weeks in “fear” or “extreme fear” territory.
Crypto entrepreneur Brian Rose argued the setup has become attractive, writing on X on Dec. 28:
“Risk/Reward is the best it has ever been.”
Rose added that the fearful stretch was longer than the April 2025 sell-off that followed US President Donald Trump’s announcement of global trade tariffs.
Analytics firm Santiment said market participants entering 2026 were conflicted:
“Some mourn personal losses while others celebrate crypto gains and community resilience.”
Other indicators show risk-off positioning
CoinMarketCap’s Altcoin Season Index also pointed to cautious positioning, showing a “Bitcoin Season” score of 23 out of 100 on Friday.
The indicator compares the performance of the top 100 altcoins against bitcoin over the past 90 days.
View the live bitcoin fear and greed chart ->.
Search
RECENT PRESS RELEASES
Related Post
