BPOI

17:43

BPOI

Morning all, Full TA in the video as usual. Some notes: - Still looking for a test of the lower 16000 area from Bitcoin leading into what will be a big week for the FED - We retested 16895 and got rejected as per video yesterday - The measured move from the rising channel takes us below the .618 (16574) fib level. Will there be a bearish retest? - Expect...

16:32

BPOI

Morning all, Full TA in the video as usual. Some notes: - First breakdown has occurred - looking for a bearish retest - a lot of resistance overhead - Resistance confluence with fib levels and trendlines - SPX selling off - rejected by the 200SMA and upper trendline. Traders selling and waiting for the FED meeting - FED meeting 13-14th December - US PPI Data...

10:58

BPOI

Morning all, Full TA in the video as usual. Some notes: - Bitcoin is trading under heavy overhead resistance! - Despite the small move up Bitcoin is still currently printing a lower high. - That inverse head and shoulders has been added back in based on last night's move (a slightly wider version) - A bullish move would see a daily candle close above $16790 -...

16:31

BPOI

Morning all, Full TA in the video as usual. Some notes: - Bitcoin was rejected again and the Inverse Head and Shoulders IMO is invalidated. - Looking at the fib levels we added in the last video for support. - A key thing to look out for is a bearish retest of previous support. - Indicators are looking bearish in general across multiple timeframes. -...

20:00

BPOI

Evening all, As usual the TA is in the video. Just some quick notes. - IMO - I am not convinced that Bitcoin will break higher on this occasion - Will the Inverse Head & Shoulders be invalidated? - Attempts to break higher have been met with intense sell pressure. - There is a lack of volume - Bitcoin unable to break the upper trendline. In the video i have...

13:41

BPOI

Morning all, Not a great deal has happened since yesterday. We are still waiting to see if this Inverse Head and Shoulders play out which would see the Bitcoin price move to around $18000. I am not totally convinced that we will see a break higher at this stage. SPX and ES1 are both trading under heavy resistance being at the top of the patterns. Tick tock...

18:03

BPOI

Morning all, First video update for TradingView. The analysis is all in the video. Notes: - Possible decoupling from SPX, Nasdaq - SPX, ES1 sitting under overhead resistance and may see a move lower which could pull Bitcoin down with it. - FED FOMC had little impact (less volatility than expected) - The expectation is a 50BPS hike in December - CME Futures -...