NYMEX Trader Predicts BTC to move back to $7,000 and Consolidate Soon

With Bitcoin currently on the slide, losing $14 billion off the total cryptocurrency market cap, a  cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that Bitcoin will likely move back to $7,000 and consolidate soon.

Anthony Grisanti of NYMEX has predicted that Bitcoin’s price will soon be heading back towards the $7,000 range after spiking towards $8,300 in the past week or so.

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