Meanwhile, the index of fear and greed signals a very difficult situation in all markets. Cryptocurrencies are far from an exception.
Even if you look at Forex, many currencies are falling significantly against the dollar this year, on average about 20% for the euro, pound and yen. In the stock markets, the situation is even more difficult, with some top stocks falling 5 times from their all-time highs. Against their background, bitcoin with a fall of less than 4 times from its ATH does not look so bad.
The global economic crisis is in full swing, after a large cycle of growth, a natural cycle of decline has come. A decent part of it is already behind, by the way. The potential for further decline remains, but it is getting smaller and smaller. Much depends on the actions of the Fed, we keep our finger on the pulse. By their behavior it will be clear when the global correction will come to an end. But you still need to be patient.
