Bitcoin Crashes to $7,400 as Crypto Markets Falter

After a long period of consolidation within the lower-$8,000 region, Bitcoin (BTC) has now garnered some decisive momentum and is quickly nearing the lower-$7,000 region, with over $500 in losses being posted within a few minutes.
Analysts are now noting that this move is emblematic of a “long-squeeze,” which may mean that it is currently oversold and that a relief bounce is imminent.
Bitcoin Plummets Nearly 10% as Crypto Markets Falter 
At the time of writing, Bitcoin is tradin