Is There a Bitcoin Bull Case After 10% Plunge to $7,400?

On Wednesday morning, Bitcoin bears finally managed to get the upper hand over bulls.
For those who missed the memo, the leading cryptocurrency’s price fell by 8% or so within a few hours’ time, falling from above $8,100 to as low as $7,400 in a dramatic blow to bulls. In fact, this move saw hundreds of millions of dollars worth of leveraged longs on BitMEX liquidated. Ouch.
Related Reading: Indicator Prints Massive Bitcoin Buying Signal, Price May Resume Uptrend
Due to the dramatic