Party is Over: Bitcoin Slips to $7,400, Making $6,000s a Possibility Again

After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. This marked an increase of nearly 20% from the bottom, making some convinced that the bottom is in. Though, over the past 12 hours, the cryptocurrency has started to slip once again, eliciting bearish responses from an array of industry analysts.
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Bitcoin Slips to $7,400
As of the time of writing this article, Bitcoin is