Dow Futures Dive, But This Analyst Says the Bitcoin Price’s Outlook is Even More Bleak

2019-2-7 17:04

The US stock market appears ready to extend Wednesday’s declines into Thursday, with Dow futures flashing triple-digit declines ahead of the opening bell. Prices remain flat in the cryptocurrency market, but even one rabidly-bullish strategist has warned that bitcoin could endure another sell-off within the near future.

Dow Futures Slide as Guidance Cuts Mount As of 8:59 am ET, Dow Jones Industrial Average futures had plunged by 133 points or 0. 53 percent, implying an opening bell loss of 145. 3 points. S&P 500 and Nasdaq outlooks returns were even worse, with futures tracking the two other major stock market indices declining

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