31-05-2019 00:00 via newsbtc.com

Billionaire Investor: Bitcoin Likely to Consolidate Between $7k and $10k; Will BTC Plunge Lower?

Crypto investors were incredibly disappointed earlier today after Bitcoin surged to highs of $9,000 before it began reeling lower, which has led many analysts to believe that a deeper pullback is imminent.
Despite this, one billionaire investor and crypto enthusiast recently explained that he believes BTC will begin consolidating between $7,000 and $10,000, which could mean that Bitcoin’s current price action is simply part of a much larger trading pattern that will persist for the foresee
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