Cryptocurrency market investors who believed the prediction that () would hit $ 100,000 by the end of the year, now have to come to terms with the reality that there will be no year-end rally, even with the recent rally of the leading cryptocurrency. of the market up to $ 50,000.
Thus, after staying above $ 69,000 in November, the price of Bitcoin has fallen sharply and is now struggling to stay above the 50,000 mark, dragging the rest of the cryptocurrency market.
However, for analyst Mike Ermolaev, head of public relations at ChangeNOW, which in November reached a maximum of 20% in (LUNA), in the case of BTC, the Fear & Greed index of the cryptocurrency market has fallen to 27, which indicates fear.
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