Bitcoin technical analysis: BTC/USD bears are heavily knocking on the door of $8000 to the …

Bitcoin technical analysis: BTC/USD bears are heavily knocking on the door of $8000 to the downside

Bitcoin price is trading in negative territory, down some 1.50% in the second half of the session. BTC/USD vulnerable to a fresh wave of selling pressure should daily support at $8000 be broken. Price action is largely tilted to the downside, as the sellers maintain control.