Bitcoin, Altcoins and XRP Range Lows Give Bounce, Big Picture Overhang with Medium Term Picture
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Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.
DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn’t be here. Thank you.
34 Comments
Blockchain Backer Newsletter – https://blockchainbacker.substack.com
Blockchain Backer's Technical Analysis Toolkit for Crypto – http://www.BCBacker.com
Blockchain Backer 702 Digital Art NFT Collection on XRP – https://nft.onxrp.com/collection/blockchain-backer/
Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.
DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn't be here. Thank you.
I appreciate your work BCB! Also appreciate being honest with what you see vs being a permabull or bear, just calling it how you see it, we need more of this.
Well Russell is climbing again, Fed cuts next week showing high signs, There’s a few things at play that could help push things back to the super mega bull. But we’ll see.
youre the goat
Thanks again for the video. You don't have to apologize for speaking your mind, even if someone gets his/her feelings hurt. We are all adults here and make our own decisions regardless of what you say 🙂
Crazy to think we wont see the prices everyone was expecting. In a way the market maker is a genius. The cases ended. We got clarity and then just barely get an all time high to end up going into a bare market with no true alt season. Its something only an evil genius would come up with. I was looking forwarded to putting in my two week notice and almost did a few times but decided to just wait glad I did. Thank you for your wisdom BCB. I prefer to live in reality than any kind of fantasy land and you are a voice of reason.
"This time is different" ?
Bounce! Let's go
Some of the questions I have is , was 10/10 a market manipulation by AI ? Is this just an another rotation? A bear trap ? Goblin town ? I need Xanax ….
We broke trend line. We gonna have small pump first then dump lol
I DONT KNOW BACKER
Love you forever Bearchain Backer, even though you seem somewhat less bearish today.
cycle is done
@bcbacker your the man 🤙
Man of the people ❤
I sold 100% of my bags last week, didn't want to get caught holding my bags for another 5yrs lol, but still following along to watch everything crash and burn! Thanks for all your updates over the past few years!
Thank God for Blockathan C. Backerson 🙏🏽
What did you catch is all i wanna know. Size and weight, and technique.
🙌🙌🙌
Thanks BCB!
what if we take XRP pattern from 2017, May to December? Extremely good match for current period July-October, including the huge wick down which happened recently (on 2017 chart visible only on some echanges).
What about the btc dominance? It hasn't done its drop yet
Bear markets dont usually start in such fear and pessimism. Rally !!!!
Does this mean, XRP is useless now and sell all ?
Just keep telling us what you see with integrity and honesty. Can’t ask for more than that. 🙏
Glad to have you back!
Really appreciate your down to Earth approach to this. When you said something along the lines of “I won’t tell you what I think but I have my theory of what will happen and when” I immediately jumped out. Held my bags since late 2020, and been wanting to offload them for a while.
Been studying wycoff distribution on and off for a while and still can’t identify it in the charts, so I’m glad we’ve got you to put all the pieces together, mad respect.
I love facts, not hype, not fear. And that’s what you do. 10/10
What are your thoughts on the multiple XRP ETFs expected very soon?
Thanks for the guidance BCB
BCB, you must be very disappointed too with how alt coins have performed. Yes, XRP has set a new ATH…but nothing close to 8$-10$. Other coins like ADA, AVAX, DOT, ALGO and many others haven't performed at all.
We really just haven't had any alt season. And for that reason alone, I'm not selling…even though I made good profit on XRP. I can't imagine selling at these prices. I rather wait few more years for higher prices than that I sell now and potentially miss out on (perhaps unexpected) alt season.
On the chart you showed with 2021 compared where you think we currently are, isnt it possible we are at the down one Wave to the right? Where its down before new ATH and this is a major shakeout?! I could explain with your chart but cannot upload pictures here! Its on 5:59 min in your video (check Okt 2021 low)
Thank you sir
Thank you
I appreciate your voice of reason.