Bitcoin analysts weigh sub-$17.5K dip after 'weak' BTC price bounce
There is "no way" that Bitcoin price performance will not eclipse the recent $17,500, one analyst insists. Bitcoin (BTC) avoided losses as United States equities dived on the July 14 Wall Street open, but traders remained nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: "No way" Bitcoin bottomed at $17,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $20,000 on the day.Wall Street opened with losses, the S&P 500 and Nasdaq Composite Index both down around 1.8% at the time of writing.Bitcoin nonetheless managed to hold....
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