The recent decline in the markets has raised worries about the possibility of further decreases. If the commonly accepted scenario plays out, there could be a dip at the $50,000 mark. The psychological aspect is crucial in this range, and despite the absence of sudden large-scale government and MTGOX sales, investors are factoring in a multiplier effect. The fear and greed index has plummeted by 60%, entering the realm of extreme fear. Stay updated with the latest technology news by accessing NEWSLINKER.
