Concerns about further declines in the market have been intensified as it has been unable to bounce back swiftly following the recent drop. However, if the commonly accepted scenario unfolds, there is a possibility of a dip at the $50,000 mark. The psychological aspect plays a significant role in this region, as investors are factoring in the impact of fear and greed, despite the absence of sudden substantial government and MTGOX sales. The fear and greed index has entered the extreme fear zone, experiencing a significant 60% drop. Stay updated with the latest technology news by accessing NEWSLINKER.
