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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.

    20 Comments

    1. Blockchain Backer's Technical Analysis Toolkit for Crypto – http://www.BCBacker.com

      Blockchain Backer Newsletter – https://blockchainbacker.substack.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.

    2. The Alt Coin total looks like it could be a 1-2-3-4-5 up, no? From an EW perspective, a 60+% of the correction isn't out of the question if we're going to be consistent about EW application.

      I'm definitely bullish right now because of the sheer size of the corrections we've seen across the market, prices are enticing for a lot of coins but, given the confluence of events going on from a macro perspective, if a rally does happen I would almost certainly expect catastrophic market conditions to follow from the pricing in of uncertainty in what the future holds in a potential recession.

    3. My biggest fear is selling at retrace when I should have waited for new ATH. I guess since the best case presented here is TOTAL 2 only retracing, then except for XRP, everything is only expecting a retrace. Anyone agree with that assessment? Or are there indicators to a new ATH coming in?

    4. The last thing people suspect right now is a rally, so that's what it's going to be!
      Thanks for all you do BCB!

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