After pullback to the middle Bollinger band (8000-8020 region) bitcoin probably will continue a development of downward wave in direction 7169 (lower Bollinger band). Thus shortly the coin can get thinner by more than $800.
On this time-frame we can see explicit resistance zone 8017-8093 (pivot at the area of middle Bollinger band) and support level 7331 (lower Bollinger band). In case of correction towards 8017 we can consider short-trades without confirmation.
Relatively weak intraday ADX speaks for flat forecast for today’s session. Trading range can be limited by the scope of Bollinger bands (7662-7848).
Flat in the 7662-7848 range.
Shorts from 7848 towards 7662.