At the moment we are in very important level.
One candle close below $7925 and we might go down to the next support area which is $7500-$7600
Let's see how it's gonna play out again because in this level have some bullish criteria's to match:
1. Hammer Candlestick pattern in 4h
2. Double bottom chart pattern
3. Falling Wedge first trendline retest after breakout
4. Old support
Neg. criteria - we close yesterday below $8000
Let's see :)