CNBC “Experts” Expect Bitcoin (BTC) Pullback After 125% YTD Boom

CNBC (or its analysts anyway) suggests that Bitcoin (BTC) may soon see a pullback after a jaw-dropping six weeks, during which the asset moved from $4,200 to $8,200. In a “Futures Now” segment aired on Thursday, Anthony Grisanti of GRZ Energy suggested that Bitcoin failing to hold well above $8,000 for a serious stretch of time is not the best sign.

The analyst opined that he expects a pullback, looking to an “interesting” gap between $6,870 and $6,425, which is around the level of a few key technical levels (21-day moving average). He adds:

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