Daily chart:
ADX indicator readings remain in the area of flat forecast. Thus bitcoin probably will keep the trading range within the lower Bollinger bands (7302-8100).
H4-chart:
We note the presence of strong support at the region of lower Bollinger band (7553), where bulls may threaten the resistance 8100 and its break could have a potential of reversal signal.
Intraday growth potential is limited by the dynamic resistance 8100. We can consider short-trades from this level towards 7553.
Expectations:
So, we expect touch of the 8100 zone and following decline of the quotes in direction 7553.
Trading recommendations:
Shorts from the 8100 level towards 7553.