‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst

MarketWatch2021-03-26

Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, ...

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MRMR
2021-03-29
MRMR
no
Korimerla
2021-03-29
Korimerla
Thank you
JFK
2021-03-29
JFK
ok
YiiYii
2021-03-29
YiiYii
Good
MJ89
2021-03-29
MJ89
Hmm
WangWang99
2021-03-29
WangWang99
Good

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The crypto has been correlating positively with risk assets over the past ","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PYPL":"PayPal","TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust","SQ":"Block"},"translate_title":"技术分析师说，比特币可能是下一个倒下的多米诺骨牌，因为投资者都在争相获利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTCmain":0.9,"XBTmain":0.9,"GBTC":0.9,"PYPL":0.9,"SQ":0.9,"TSLA":0.9},"content_text":"Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, bitcoin was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.Values for the crypto are off more than 11% so far this week, FactSet data show.And at least one analyst fears that the crypto asset could come under pressure as a host of speculative assets have been coming under steady selling pressure so far this week. 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