Marks of the TOP, Bitcoin Price Chart Hits Retrace During ETF Launch, Altcoin Dominance Shifts
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- Опубліковано 29 вер 2024
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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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Blockchain Backer's Technical Analysis Toolkit for Crypto - www.BCBacker.com
Blockchain Backer Newsletter - blockchainbacker.substack.com
Blockchain Backer 702 Digital Art NFT Collection on XRP - 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.
Crazy, you definately have the best insight into the market when all the other influences are leading the masses astray! Let's hope we all make some money from alts and exit at the right time 👌
jesus you are a collective psychology genius ,, has wall street not head hunted you yet ?
Thank God for Blockathan C. Backerson 🙏🏽
From the bottom of my heart thank you sir for all your hard work. You are the man! ❤😊
Great content!! Many thanks!!
It's scary how accurate your Analysis is. Thank you
I always appreciate your excellent analysis!
BCB GOAT!
love u man. god bless you
Like you, I don't really give two shits about btc right now, all it's doing now is holding alts back.
I'm following almost every video you are making since 2 and a half years and thanks to you I recovered some big (big for me) loses and I will be always grateful for your help! All the time you are spending to help us, explain us why and guide us it's remarcable. Thank you! You are the best I have ever seen, bro!
Fantastic video BCB, you the man
If you see this as the top for BTC for this cycle to you ever see it going to ath in the future bull runs?
Yeeeahahhhhhhh!!!!! Let’s go!! 💪🏽💪🏽🐸
Let's go dinolfg🎉
Let’s goooo
Heyyyyyyyyy
🎉🎉🎉🎉
I always think it can't be that easy, but it always is. Seemed like such an obvious top, so I figured it would explode upward. I guess most people are morons though. Lol
I still don't understand why it wouldn't pump a little more to trap more buyers (after making all the wild price projections). Most people probably just watched the aftermath, the sudden drop, and they were just like, "well, okay, I guess I'm not buying."
Your average retail still isn't really in the market yet.
This is it btc has institutional adoption and get the pie in manipulation, btc finished
No chance you’ll see BTC is going up
Seems he’s always pretty close with BTC. Just hope the alts indeed perform this time! Legggooo baby!
Bcb just to be sure, are you expecting the complete bull to be over for btc ??? Or do you think btc will take a shot at previous ath again before the bull is over?
No, he thinks the bull is over for BTC. At least from my understanding of his thesis on the crypto market.
Lol, obviously didn't watch the whole vid. If you did, still asking this question just get out of the market now lol
Only analyst on UA-cam who saw this coming.
Another great video BCB. I'm so ready for this ALT season LFG
@BcB is your TA still showing #xrp to top out around $7 - 12/xrp for this altcoin season?
Great analysis BCB, looks like you have always been right. Hats off! 🙌🙏😊
now xrp 21X ?:) to 13 usd? :)
Thanks Mr BB
U da man!!!! Got my alts locked and loaded! Lets do this!!!
🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸
I dont get it why exclude etherum?
Its still an altcoin and still counts no?
I get why exclude stable coins becaus eit wasnt a thing back then. That makes more sense.
Perhaps I'm dense, but acording to your thesis, does this mean that if altseason is next, then what follows is another 2 year bear market?
I feel so cheated.
Somehow, it then feels reasonable to assume that the next Bear market low will be way waaay lower than 15K.
BCB, could you maybe give your opinion on that on one of your videos?
Depression
Well he thinks alt season next and then full on "doom town" great depression 2.0... not just 2 year bear.
I don't believe XRP will make 20x from these prices even if altcoin market euphoria will finally prevail, when BTC made only 3x, Solana made 10x
..... last time XRP made the same 10-11x (from 0.17 till around 2 USD) as BTC did...XRP is a mature coin, I will expect max 10x from the current prices and not more (to reach a market cap around today's ETH market cap).
The comments on X are the heard for sure. “BBbHUT BCB, iTs MEwn TiME! $10oK BbB! HOw COulD yOU!?”
BCB, I know you read all these comments, so I'm hoping you can clarify...You said that RSI making a lower low and price making a higher low is "bearish divergence", but when I Google that, all I'm finding are articles saying that that's bullish divergence?
Alts are down, lets trick the market and XXPLODE!!!
If this is the bitcoin top , what can you really expect from this alt seaaon ? Majors on average, have 2x from their relative lows and low caps over 3x what can we really expect? Seems like the 10-20x days are over ? Without btc going to New Highs, how will Xrp get back ath ? Sure, we could move another 2-3x but 10 x ??? I don't see how that's possible with this thesis
I see ppl calling for a 9$ xrp or a $5 cardano that can't happen with btc topping at 47 k ? Or can it ?
Love you BCB but I don't understand this thesis. So the entire asset class is shrinking and Wall Street is going to dump on its wealthy clients right after an ETF launch??
It would be great if you could (one day) do a video of what altcoins you're looking out for other than XRP (which I own a good amount of)....Thanks for all you do !
Soooo does that mean no more bull run in 24-2025? Someone help a dumb guy out that still watches everyday 🙏
people are not gonna like the bitcoin top call
OK see I thought the story was a dip on alts before the next up.... Went n threw away 300 away for nothing then... 😮💨
I don’t believe BTC D has topped yet… but alt season is what’s gonna make me some coin so I’m happy either way! 😂
So historic, a dump will be first, bro, we had an mini altseason. Normaly is coming after the halving
Does anyone know what that purple chart is that he’s referencing at 3min?
why didnt you mention you were selling your BTC in any of your previous videos? BTC sells off at 49k and all of a sudden you say you sold all of it.
Very informative. Thank you. 👍👍👍
Didn’t we need to be running hard in alt season already before we got here.
‘Into the retrace’ rather than ‘after the retrace’
Doesn’t seem like alts could explode if btc has no more upside..
Previous analysis I think was suggested as the retrace complete so does the huge alt run
Bitcoin looking too go down again, just like this dude predicted. Hmm, nice
Normally the alt season comes after (or when) Bitcoin hits a new all time high. Why would it be different this time?
I keep missing the gist on Alts.
Btc is probably going to retrace, but whats the sitch with alts?
But the bitcoin etf is not for retail?
It's for the bigger boys.
Doesn't that go against the story that the big boys are dumping on retail?
Bravo!!! Master work!! Thank you so much
When selling BTC, did you took some money off the table or did you rotate that to alts?
Excellent, switched on, insightful technical analysis. Thanks for sharing the hypothesis BCB...makes sense to me.
Damn straight brother
Thx bcb … greatest analyst on the internet. Even greater when the news are good. 😊Love you man!
BCB Simply the best since 2018!
Thanks for your great analysis. Looking forward to the altcoin season
Thanks for the update, Godfather!
Wallets with 10+ BTC might have been good to cover here too? Go full cycle.
Thanks BCB, you, the 702 Crew and all followers are great! Amazing people!
Me lurking
London xrp hodler
BCB takes another W
Comfortably numb to the hype 😂
I see your analysis. Charts. And years of research.
I raise you a Jim Craner just called the top.
BCB has my back and I have XRP. Lfg.
Well done, brother. Cheers.
And that, Ladies, gentlemen and NB's, is what we call a "mic drop"
Excellent analysis!
I don't have time to listen to your live streams. However, I never miss these recordings. All I have to say is I love it. I get so happy because you're feeding me with all this eye opening knowledge. Thank you, BCB!
The real frog man
Epic vid Mr. BCB
I never thought lines and charts could be so fascinating-- wow
thx man-
Thank you 🙏🏻
Thanks BCB. 🙏
LFG!!!!!!!!!
Thanks BCB 👍
Awesome man!
But if you ever need a pick me up or a little bit of reassurance just remember that the Blockchain Backer’s got your back🚀
Them halving moonbois about to learn today
You really think so? lol
Bravo
LEGEND.
Buckle up xrp army
Thanks for the video, I appreciate your work!
Thanks BCB for keeping it Real, Much Love Michael aka Dr Love 💞😘
🎉🐸🤑 Thank you BCB! You are the goat ❤️ feel so blessed you are here to guide us..
❤ backing the backer since Day One
Thanks backer can you do a video on how the altcoins will do and ta Target's altcoin market
Yes please!!
702 CREW! Let's go xrp!!!!!!!!!
THANK YOU DEAR BCBACKER YOU ARE A LEGENDDDDDDDDD❤❤❤❤❤❤❤❤❤❤❤❤❤
altseason🎉
Luv u man for keepin it real!😎
ha first
🎉🎉🎉🎉🎉🎉🎉🐸🐸🐸🐸🐸🐸🐸🐸
First
Hi Backer, genuine question. If this is the indicator for alts, would you know what’s the indicator if alts reached its peak to run?
First!!!!
Thnx BCB! One thing I was hoping to see: historical data showing THE WHY an altseason is likely coming soon; what does history say ‘might be’ coming next, showing examples. Thank you so much ! ❤ maybe you did explain everything and it just went over my head?
As always thanks for everything U do. awesome vid as always