Investors have become increasingly worried about the markets’ sluggish recovery following the recent decline, leading to concerns of further dips. However, if the commonly accepted scenario comes to pass, there could be a dip at the $50,000 mark. The psychological aspect plays a significant role in this area, and despite the absence of sudden major government and MTGOX sales, investors are factoring in this possibility with a multiplier effect. The fear and greed index has entered the extreme fear zone after experiencing a 60% drop. Stay updated with the latest technology news by accessing NEWSLINKER.
