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.
50 Comments
Bcb, assuming we hold here and continue up to that final fib, how long to you think it would take for the eventual big drop? Do you think it could reach late 2020's?
Can you please post some of your drum performance? Good luck! Iβm sure you will crush it! Thanks as Always for your help and perspectives! Have a good one!
Xrp runs last..
BCB: it's either here, right now, or lights out.
Me: yolo
Can you do a video on what you'd look to invest in or put your money (not financial advice, but what YOU might do) should the important levels break? I've been watching you for over 1.5 years now and videos like this where you just say should the level break "it's all over" is kind of a depressing note to leave things on. I'd appreciate getting some ideas and hearing your thoughts so that I could feel prepared for the "end of the world". Thanks!
You are right. Interest rate rising is a lie where inflation concerned. It will break. S and P whales ..the smart ones…will move it to crypto before. The rest will lose millions, and the switch to crypto will happen. Yes it is linked now to S and P but needs this very thing to happen to become what it needs to be.
Once we break that level are you selling all your crypto bcb ?
Good luck with your first gig. π»
πβ₯οΈ
Amazing content, as always!
It would make complete sense for Dow to collapse to shake people out of the crypto market right before utility assets start fulfilling their intended purposes. Not saying it will happen this year or the next but it is inevitable. Crypto will be the solution and a new financial system will be created to cure the next "greater" depression.
Thanks BCB! I know you donβt give investment advice, but Iβm curious what reverse US stock market indexes you would be interested in if we fall below 29,500 for the dow. Iβm doing research, but would love your opinion. God bless!
love you Backer
Sobering. ππ½
Too much FUD in the markets. If they were going to send it lower, I believe, the narrative would be optimistic. I think we get one more high, or an insane blow top, as per your previous analyses
I donβt really know how to take this information or what it means for crypto if we do go below the 29500π’ there will be years of waiting for the markets to rise again. π’
Just commenting so you know we all appreciate your dedication – also appreciate the effort in today's "heyyy"
why dont it drop to $6000, i buy alll π€£
Having in mind that Bitcoin was created exactly for the purpose of stopping this breakdown from happening, or rather, to not break down along with it and thereby, be the hedge against inflation/great depression, it's gonna be a major fail if it dives with stocks.
This is gonna be the test. If it holds, if money transfers to crypto, than we can say that BTC actually succeeded in its mission. Otherwise, it's just a meme coin.
Break a leg with those drums!
love the numbers – I was 996 to like this video
Your twitter post last night gave me a panic attack at 3am this morning. I couldn't fall back asleep for 90 minutes. I do believe you're right, I just don't know what to do about it. I have some crypto, and some gold/silver, but if things are going to be as bad as you suggest, those might tank too. I'm an inch away from calling my financial advisor and telling him to liquidate all my investments into cash, but the dollar is looking toppy too. Do you have any insight on how to navigate things if things play out this way?
Xrp settle NOW!
Hey BCB, thanks for the video. And you gonna nail the drums wish you best of luck my friend! =)
Epic video, man. Thank you.
Good luck with your music.
The Goat of Macro Charts ππ
one more push up and that's all! heading down
Hi BCB, so if BTC goes below $17,500 you will sell. But what about your alts and especially XRP? Will those also be sold?
Hold the line! π₯²
So you would argue the 4 year cycle has nothing to do with the halving but instead is just following traditional markets the entire time?
This is simplicity and truth at its best. You are quickly becoming a legend. Cheers!
We all know the fed has unlimited fire power and they are full of shit.
Nice to see the price action for XRP and indeed lets hope it continues the trend of decoupling from Bitcoin..
Awesome video!
these criminals are such crooks and we allow it as the world. Raising rates ONLY benefits banks.
good vid
investments = 1/3 ammo 1/3 food 1/3 xrp
** they need to get rid of cash first before the finally crash the market for good !!!
β€οΈπ§π©β€οΈ
I think it's already to late the Feds can't fix the damage. It's looking like a long depression π
be nice if btc held true while the dow melted
β€ β¨π Thank you BlockChain Backer!!! β€ β¨π
The best to do it!
you sound like you have gone into complete bear mode?
Q4 ROAR!!! 8 days away
Hey I'm right there with you on instruments! I just started playing bass with my church and I'm a total n00b. Wednesday was the first time I ever played with other musicians and Sunday was the first time I ever played in front of anyone. It was fun! You'll have a blast!
πxrp…please! I need to pay the Gas Fee for my flat !
Thank God for Blockathan C Backerson ππ½
Hi, on what time frame do we need to hold the lows? Daily close below = lost it?! Tqvm, watch all your vids.
Will you sell your position in Alts if the DOW breaks
I increased my XRP position slightly.
THANK YOU SO MUCH FOR THE HARD WORK BROTHER. MUCH MUCH APPRECIATED. YOU CAN DO IT FRIEND… HIT THAT DRUMS IN FRONT OF THE AUDIENCE. I WILL KEEP MY FINGERS CROSSED YOU WILL BE DOING FINE OVER THEREβπΌπππππβ€β€β€β€β€β€β€β€β€β€β€β€β€