Bitcoin: A drop below $8000 opens the doors toward $5000

Bitcoin: A drop below $8,000 opens the doors toward $5,000

Bitcoin continues to lose ground it managed to gain due to “Chinese FOMO”. At the moment, the benchmark cryptocurrency is losing 4% and trading around $8,100. This level is serious support for the benchmark cryptocurrency. The round level at $8,000 is an important psychological support factor.