Something NEW is Going to Happen for the Bitcoin Price Chart and Altcoin Market NO MATTER WHAT
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48 Comments
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.
Well I would like to think it’s less likely for the 50 to go 5/5.
THIS TIME IS DIFFFFEEERRREEEENNNNNTTTTTT! THANKS BCB.
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!
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.
So let me see if I got this straight. What you are saying is this time just might be different? Lol. Hope it resolves one way or the other soon.
It has been a tough cookie indeed.
79k bitcoin candle close top. Wick into the 80s
It hit the 50 and went up for a new ATH in 2021…That was different……
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.
Inconceivable 😂
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 ..
Why is it different? It's BlackRock's toy now
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)
Different good or different bad??? 😅
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.
It’s done blow of top incoming for meme’s
Amazing work that you so consistently do BCB. Thank you.
Problem with an assets class that is only 15 years old…..
BEEN ready. Thanks, brother.
Hey BCB do you think this time it's different? Or maybe that this is different?
Or, even possibly, this time is different? 😂
Great video man.
💚🐸THANKS BCB🐸💚
So basically, we're in uncharted territory and we have no clue what direction the market is headed.
What if it just chops sideways with uncertainty for several months?
Good video
Thanks BCBAcker 😂
Amazing explanation!
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!🍀😊👍🏼
So BCB is this time different???
Anyone else think this time might be different? 🤔
When moon?
Looking back this will be a historical day in the future.
Great ideas by our man @BCBacker at this pivotal moment.
Loved the video.
BCB, you just did ART 🖼️ with this whole video, beautiful explanation. –
This time is different is the hint! That we are going up because this time is different 😉
For everyone who has held for years I pray for EXPANSION!!!!!!!! ❤️🙏
💎⚓️🫡
@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.
I feel different. 😊
BTC will go sideways for forever?
BTC ETF
Global Liquidity cycle. Be patient folks.
One question remains… will this time be different ?
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.
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.
Say it as you see it, it´s up to the rest of us to do our own research and compare, Love your work Man 😊
Wen moon?
#BCB, so what you're saying is that This Time is Different….
We’re dealing with highly manipulated markets, IMO, that are causing larger deviations from historical patterns
I need to meet you BCB. I’ve heard your voice in my car for 4 straight years