Bitcoin price is continuing with the losses posted over the weekend with another devastating drop under $8,000. In spite of the Asian session looking bullish, the bulls have lost their lifeline support. BTC/USD is trading at $7,924 amid increased selling activity. The existing bearish pressure coupled with high volatility suggests that losses are not done exploring how deep the rabbit hole goes. If the support at $7,800 fails to hold, the bulls should be prepared for another rollercoaster drop to $7,400 and $7,200 respectively. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Breaking: Ethereum price plummets under $200: Losses over 13% in 24 hours FX Street 2 years Bitcoin price is continuing with the losses posted over the weekend with another devastating drop under $8,000. In spite of the Asian session looking bullish, the bulls have lost their lifeline support. BTC/USD is trading at $7,924 amid increased selling activity. The existing bearish pressure coupled with high volatility suggests that losses are not done exploring how deep the rabbit hole goes. If the support at $7,800 fails to hold, the bulls should be prepared for another rollercoaster drop to $7,400 and $7,200 respectively. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.