Something NEW is Going to Happen for the Bitcoin Price Chart and Altcoin Market NO MATTER WHAT

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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.

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    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. Man, thanks for the video BCB, what a time to be in the markets. Gold is scaring me, just keeps on moving upwards. Hopefully the crypto market and the RTY can resolve itself, been way too long waiting!

    3. It’d be nice to have a big bull run and reach new ATH’s but dosnt really matter. Bear markets fine wait for it drop significantly buy more and wait for the next bull run. If you have to sell for a loss because you can’t hold till the next run, then you shouldn’t be investing that money anyways.

    4. Bitcoin is at a critical point. It’ll either take off soon and go up a lot, or it could drop—but either way, it’s going to behave in a way that hasn’t happened before.

    5. The markets are far too manipulated this time around. We move when "they" want it to move unfortunately. This is all lining up for something big towards the end of the year, time will tell ..

    6. Although weeks prior the Cov-crash it made the same sideways move as if it wanted to visit the 20 W. Now it only occurs much higher but I think that's due to devaluation of the dollar (which also explains the second high of BTC whilst the structure is bearish)

    7. My understanding of markets is that it's always different! There can be more or less similarities compared to other times and cycles, but human psychology interprets data and makes adjustments, enough to have an impact on market conditions leading to unforeseen circumstances.

    8. Wave 5 of 5 was the end of a large 15 year cycle. No expansion is a normal thing in this case. This time is different because we are no longer in a "up only" market… now it is down only for a couple of years to reset everything!
      That would mean very very hard times ahead!!!😭

      I hope I am wrong and the best is yet to come!🍀😊👍🏼

    9. @BCBacker Hey man, how about the fact we never had a radical push up of interest rates prior to the halving? Seems to me like Wall Street influences are probably the major contributor to the introduction of whole new behaviors in this "cycle". Yeah, cycles might be done forever. Gonna have to be either a LONG term investor (if you still believe) or an insane swing trader. I like this action. Swing traders gonna end up looking stupid 🤣 They deserve it for always trying to long or short everything with leverage, which invites the Big Boys in to clean their clocks.

      Actually, in the last cycle there WAS something different too as far as I am concerned: the BTC double top, which did not match the typical reliable dive toward the bear market.

    10. Very interesting analysis. Based on what I saw I think we are actually doing something very similar to what happened at the end of 2019 where it touched the 50dma rebounded, then did a massive tank AND rebound to to then pump to new highs similar to 2021. So in fact we are in the middle of the cycle.

      If we are looking at real world event that could make this come to fruition… we see interest rates cut, BTC rebounds off the 50dma and pumps into elections, Trump wins, the long anticipated market collapses on Trumps watch, we get a massive spike down… the collapse is fuelled by the bond market and inflation fears, then people flee to commodities/crypto and we get a massive recovery and crazy crypto boom for the next 1 year as everyone flees to these assets.

    11. The Oxford English dictionary describes the word different as being exchange-traded funds. Slang (ETF). An anomaly that causes one to lose the plot, to go astray if you will, and generate premature all-time highs.

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