Concerns have been heightened regarding the market’s sluggish rebound following the recent decline, leading to speculations about the possibility of further drops. Nevertheless, if the widely acknowledged scenario unfolds, it is plausible that a bottom could be reached at the $50,000 mark. The psychological aspect plays a significant role in this domain, and despite the absence of sudden substantial government and MTGOX sales, investors are factoring in a multiplier effect when evaluating the situation. The fear and greed index has entered the realm of extreme fear, experiencing a staggering 60% decrease. Stay updated on the most recent financial and business news by visiting COINTURK FINANCE.
