The lingering inability of the market to bounce back swiftly following the recent decline has raised anxieties about the possibility of uncovering even deeper lows. Nevertheless, if the commonly accepted scenario materializes, it is plausible for a bottom to be established at the $50,000 mark. The psychological aspect plays a significant role in this realm, and despite the absence of sudden substantial government and MTGOX sales, investors are factoring in this situation with a multiplier effect. The fear and greed index has reached the extreme fear zone with a substantial 60% decrease. Stay up-to-date with the most recent financial and business news by visiting COINTURK FINANCE.
