Will prediction of a fall in Dow/bitcoin come true?


WHILE not many believe the Dow Jones, pitted against bitcoin prices, will fall, the warning may be something to look at.

“The predictive power is in the chart (which shows bitcoin prices in an eight-week lag versus the Dow) although no one can fix a causative link between the two,’’ said Pong Teng Siew, head of research at InterPacific Securities.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Plain Speaking

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read