SUPPORTS HOLD for XRP Price, Bitcoin and Altcoin Market with Cascading Volatility During Fed Meeting

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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.

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    35 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 blow off top is done, and it is down we go. We can keep the hopium alive for a while, but it will lose strength day by day. Just reality. FED creep Powell rang the bell for all. Be prepared, stay safe, stay vigilant!

    3. That's not what happened they said they would be slowing rate cuts which means they will still have a rate cuts but they will be intermittent probably one meeting without then one meeting with one meeting without one meeting with. That's what happened.

    4. The only thing that is different and maybe should be considered, is that the bitcoin etf changed the way people are shifting money. people who buy an ETF not neccesarily transfer there money into altcoins. What do you think? I donยดt think that the distrubution from btc to eth to bigger altcoins to smaller altcons… still works like that anymore. Every youtube channel is presenting that distribution sheet, and it makes me a bit suspicious. But since Iยดm a long time follower of yours…I think i started watching your vids in 2020…I would like to know your opinion. People donยดt have to go to crypto exchanges to buy BTC and ETH…and that makes be questioning the distribution to altcoins a bit.

    5. A lot of people are in alts and not expecting bitcoin to out preform them, so it would make sense that bitcoin goes on a massive run with altcoins breaking out but not as strong. Then people fomo into bitcoin and thats when alt coins go parabolic. Seems logical to me.

    6. Boiโ€ฆ. Building that bear market base is long and grueling to only get a short lived breath of fresh parabolic air.

      BCB, I wonder why you never talk about the retracement after the parabolic bubble pop. You get bearish but never discuss the upward retrace. Considering you tend to discuss whatโ€™s to come with more emphasis than where we are Iโ€™m surprised you havenโ€™t chatted about that recently. Not even in the substack to which I subscribe. Anyhow, appreciate the level-headed content. ๐Ÿซก

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