Extreme Volatility as Bitcoin, Altcoins, Stocks, Metals and DXY React to Trump Tariffs, BTC.D .702
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43 Comments
Blockchain Backer Newsletter – https://blockchainbacker.substack.com
Blockchain Backer's Technical Analysis Toolkit for Crypto – http://www.BCBacker.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.
Thanks for the early vid. Needed it!
I paid $2.84 for a gallon of milk yesterday. Possible that supply and demand is taking effect? Less exports to Canada so more supply here driving down local dairy prices?
Let's Goo!
These tarriffs are trash 🤮 just a way to tax poor people and put cost of living through the roof… billionaires write off all the costs or pass them on to consumers and trump is consistently lying about the fact Americans pay HIS tarriffs while foreign countries pay the tarriffs they put on American goods coming to their country … purchasing power going down, as companies sell less for more
I had a dream that I was in the top 1percent in the XRP Rich list.
Then woke up and checked and sure enough I was still in the top 10 percent damn dreams, What a let down. 😆 🤣
I feel like i keep hearing btc is bearish but its 82k-87k for the whole time the groups have been crying ans saying bearish ????….
Thanks BCB
BCB, with regards to your notion about other nations removing tariffs, you have disappointed me with your take on this (a rarity). No country can play along with this because, from their perspective, caving to this form of bullying will likely yield only more bullying. The fact that you don't see that is kind of surprising. Tariffs can be imposed and removed very rapidly and the erratic deployment of tariffs from this administration will make it so that no nation can change policy with any confidence that conditions will reliably stabilize. The only option that they are left with is to attempt to untangle themselves from the US market (and by extension, the erratic decisions of the white house). The crash in the US dollar is showing you that.
He's doing it to get rid of tariffs. Some countries will drop their tariffs and we'll have a free trade agreement with them zero tariffs on either side. And countries that don't drop their tariffs will be tariffed equally by the USA.
Hey BCB, is the BTC.D inverted chart in a long term 4th wave correction. With possibly a 5 wave 4.236 target for next time/cycle?
tin foil hat time – I wonder if the tariffs are overbroad on purpose so that congress will block them, leading to a rise in anti-congress sentiment
We have to stop the addiction to buying cheap knockoffs that China produces.
First country to drop their tariffs and the US does the same then it will be clear … and you just said that so cool
increased cost, and decreased demand for goods and services, within the U.S. economy, will first drive demand for credit, inflating the debt bubble even more. Then when the tariff cease fire occurs, everything will seem amazing as global free trade kicks off. But the resulting inflation from the increased velocity of money, caused by the tariff cease fire, will cause excessively tight monetary policy; and that's when the bubble pops
This has the same feeling as the FTX collapse but for the stock market
HODL!!
Save us BCB!
That's it folks, it's all over, let's all go home
thanks for hopping online this morning bro. this shi killin me
Y'all just get out and go catch a fish, it will give you relief from the stress of all this volatility, clear the mindset
Canada has waived all tariffs
There's extreme volatility the volatility is so extreme.
This is the narrative that marks the bottom.
Thank youuuuu dear BCBACKERRRRRRR. Let's hold this level and hope for some positive news❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
Dude put the ticker on in the background of the chart so we can easily see which chart you’re showing
Hit the like button
I did need a pick me up so thank you for the video early today! 😊
Always appreciated BCB 🙏
It can still be boasting, he said midnight they would go in effect, but I’m sure leaders are negotiating..
we are THE CONSUMER.. you nailed it
Russell broke 1950…..don't know what to think now
If this becomes top comment and XRP still hits 5$ this "bull"-market I will run naked around the block where I live.
And I hope it happens.
Thank you again
The animals are in control. There's nothing we can do for against the whales. They will fight it out and Retail investors will get the scraps.
eth is the king alt, if it doesn't show up, alts wouldn't shine
Wouldn't it be amazing if he allows no tariffs as long as they transact on the US digital currency platform?
Thx for sticking to the chart in this uncertainty and weirdness😂
"Their tariffs" aren't something that those countries can drop. Those made up tariffs are trade deficits. What are europeans supposed to do? Buy a wanktank + trunk full of bourbon per person so "europe drops those tariffs"? That's not gonna happen.
Ive only been in crypto for about 4 or 5 years. But my biggest losses always come when ive sold during crashes. Im waiting this one out. Not worried about short term volitility anymore. I have long term faith in what im investing in. Just going to accumulate this time around. No idea how to predict when the market will recover, but thats ok. Could be days, weeks, or months. But long term, I know it will recover eventually. Only a loss if you lock it in by selling. 🤙
Wow look at those fantastic prices….absolute bargains to be had……possibly
Trump just stop it now! Your wrecking my crypto dreams😂
Just remember those running the show on Earth call it a Plan IT………..for a Reason.