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Bitcoin drop below $8,400 after a week growth, the price of cryptocurrency continued declined to near $8,000 in 24 hours.

Bitcoin has struggled with a massive loss in price, while the other cryptocurrencies also fall with a day, the total market cap of top 10 cryptocurrencies reach $330 billion. On March 20 the price of bitcoin managed to reach above $9,000 which gradually seen in bearish trend from yesterday and with a day price drop below $8,000.

At writing time, the Bitcoin is trading at $7,953 according to the Coindesk, Bitcoin Price Index. The decline of 6.92 percent recorded in 24 hours f trading as per the coinmarketcap. The frequent fluctuation in price can get affected on the bitcoin exchange in India and worldwide.

The technical charts of cryptocurrency indicate the temporary loss in the price of bitcoin, that will come to the bullish mode in next few hours breaking the bearish chart. While the bitcoin trading between $8000-$9,000 has got the target trend upward crossing above $9,000 in coming days towards the $10k with strong market and buy and sell of bitcoin in India.