Bitcoin Faces Potential Drop to $7,000 as Sellers Grow Aggressive

Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action.
Analysts are now noting that Bitcoin’s “bedrock” support in the near-term currently exists around $7,000, and the aggressive selling that the crypto has incurred in recent times may mean that a