Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500 Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500 NewsBTC

A prominent analyst fears difficulty for bitcoin if its spot rate drops below $7,500. Nick Cote, the chief information officer at US-based Redacted Capital, said holding the $7,500-level is essential for bitcoin as it began correcting from a yearly high of $8,388 this Thursday. The analyst noted that bitcoin falling below $7,500 could switch the...