INTERSECTING Events as Bitcoin Price Chart Reaches 702 Retrace, Altcoin Market Setup, XRP, Ethereum

Поділитися
Вставка
  • Опубліковано 18 лют 2024
  • Blockchain Backer's Technical Analysis Toolkit for Crypto - www.BCBacker.com
    Blockchain Backer Newsletter - blockchainbacker.substack.com
    XRP Gold Coast 2024 Conference - xrpgoldcoast2024.com
    Blockchain Backer 702 Digital Art NFT Collection on XRP - nft.onxrp.com/collection/bloc...
    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.
  • Розваги

КОМЕНТАРІ • 157

  • @BCBacker
    @BCBacker  4 місяці тому +11

    Blockchain Backer's Technical Analysis Toolkit for Crypto - www.BCBacker.com
    Blockchain Backer Newsletter - blockchainbacker.substack.com
    XRP Gold Coast 2024 Conference - xrpgoldcoast2024.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.

  • @operationshutdown155
    @operationshutdown155 4 місяці тому +21

    Hoping for the “Volcanic Eruptions of Gains” videos in 2024!

  • @packingbone1953
    @packingbone1953 4 місяці тому +7

    I agree historically with everything you say, but until we are no longer seeing these ETF's scooping up 12X more BTC than what's being produced per day I think the BTC market might be unpredictable from a historical and technical analysis point of view. But we will all see!

  • @FroggyMcFroggins
    @FroggyMcFroggins 4 місяці тому +78

    Morning, XRP held $0.54 like BCB said it should. On to the next phase! Keep it froggy my dudes!🐸

    • @jiggamaaan
      @jiggamaaan 4 місяці тому +2

      I saw that. Hope he's right. I filled up bags at 49 cents

    • @whoknows6880
      @whoknows6880 4 місяці тому

      Id like to ask the public a question. Whats being shown doesn’t seem to consider the fundamentals enough. The 9 newest etfs alone have pulled 288,000 btc in 30 days since its release & there are more etfs to come (ex: hong kong) & we aren’t considering the btc halving to come. Currently only 900 btc a day are being mined by miners & with the demand reaching as high as ~12,600 btc on the 23rd day ..& with the btc halving to come in roughly 50 days which will bring the incoming daily supply to 450 btc a day. It seems like a simple law of supply & demand is panning out. Black Rock has been buying, Fidelity, etc. Greyscale has been selling their btc holdings & have been slowing down which would explain the current price action of btc. But the demand still, regardless of greyscale, is strong and continues to dry up the available bitcoins. Any counter thoughts would be very interesting to hear thanks!
      Apologies for the long ass message.

  • @masta_o
    @masta_o 4 місяці тому +43

    Thank God for Blockathan C. Backerson 🙏🏽

  • @JustDave314
    @JustDave314 4 місяці тому +25

    I absolutely love how you stick to your plan. Very awesome sir.

  • @charlesgodfrey9322
    @charlesgodfrey9322 4 місяці тому +18

    Hey bcb here since 17.5 cents! Jesus bless you brother!

  • @user-bt3td7jf5z
    @user-bt3td7jf5z 4 місяці тому +6

    Thank you BCB ❤

  • @ericki2162
    @ericki2162 4 місяці тому +1

    Thanks BCB!!! Always look forward to your videos🙏🏽

  • @deep9571
    @deep9571 4 місяці тому +5

    Thank you always for such great content

  • @ericradovanovic507
    @ericradovanovic507 4 місяці тому +6

    These are my favorites videos

  • @adamhastings3780
    @adamhastings3780 4 місяці тому +3

    Thank you !

  • @Lukestrength
    @Lukestrength 4 місяці тому

    We missed these long videos. Thank you.

  • @mikeporten8174
    @mikeporten8174 4 місяці тому +2

    I’ve got to think that bitcoin will break through over the all time high in this cycle. We’re pre-halving, the ETF has made bitcoin accessible to more investors, and the timing is off. I’d be absolutely shocked if we didn’t create a new ATH.

  • @daner3681
    @daner3681 4 місяці тому

    The best! Thanks for your awesome TA.

  • @thegroup2guy455
    @thegroup2guy455 4 місяці тому +1

    Here since .22c BC! I appreciate you and blessings to your family and you for eternity

  • @LauraBorealis
    @LauraBorealis 4 місяці тому

    I’ve watched and liked every one of your videos since the beginning of 2020 and I think this one might be the best yet. Thanks for your insights!

  • @simon307
    @simon307 4 місяці тому

    Thank you BCB 👍

  • @jonc3213
    @jonc3213 4 місяці тому

    Sooooo BCB got me all excited, nervous and hooked to the charts all at the same time !!!! Here we goooooooo good luck everyone and thanks BCB !!!!

  • @brrrr9165
    @brrrr9165 4 місяці тому +14

    It’s crazy how vividly I remember that first video from 2023. Keep doing great work BCB and don’t give the haters any energy

  • @mokelly1986
    @mokelly1986 4 місяці тому +1

    Missed all the markets in the morning stuff over the last week due to being on holiday in South Africa, thanks for uploading this video, thanks BCB, love your insight!

  • @donballou1621
    @donballou1621 4 місяці тому

    Such High Quality Content Always !!!

  • @mrq2189
    @mrq2189 4 місяці тому

    Many thanks BCB ❤

  • @OrangeeDude
    @OrangeeDude 4 місяці тому +7

    Letsss goooo🎉🎉🎉

  • @lucasacchetti4519
    @lucasacchetti4519 4 місяці тому

    You are the man BCB!!!!

  • @FXTyga
    @FXTyga 4 місяці тому +32

    LETS GOOOOOOOOO 🔥🔥🔥🔥🔥🔥🔥

  • @Jaxer4
    @Jaxer4 4 місяці тому +9

    OH BOY! 😂 37 MINUTES LET'S GOO!!

    • @Jaxer4
      @Jaxer4 4 місяці тому +5

      ONE MORE DIP!!!! I've been saying this for years but this is the first time it might actually be true 😂

  • @robbo1920
    @robbo1920 4 місяці тому

    BCB = Living legend.

  • @TopTenThought5
    @TopTenThought5 4 місяці тому +3

    Yep I’m here

  • @LiveFreeOz
    @LiveFreeOz 4 місяці тому

    Awesome as always. Thankyou

  • @RexRogers_
    @RexRogers_ 4 місяці тому

    Giving it to us on a silver platter! Thank you BCB

  • @tylersylvester
    @tylersylvester 4 місяці тому +4

    Here we go

  • @scottthelen3280
    @scottthelen3280 4 місяці тому

    Thanks for the update, Godfather!

  • @GILKS81
    @GILKS81 4 місяці тому +1

    Thanks for making a video. I miss the UA-cam videos.
    Not everyone can watch daily 2 hour streams.

  • @suzigemini
    @suzigemini 4 місяці тому

    Much love BCB🥰 Thank you.

  • @aliamini8478
    @aliamini8478 4 місяці тому

    You are awesome. Thank you

  • @bluetorchw1
    @bluetorchw1 4 місяці тому +7

    Not Oscar Hernandez Chiropractor is Here😂

  • @walkerxrp
    @walkerxrp 4 місяці тому +3

    Yessiree !!! Ricky Bobby !!!

  • @marksylvester4047
    @marksylvester4047 4 місяці тому

    Great content as always, really enjoyed the video. Really enjoyed your insight

  • @Simi1984
    @Simi1984 4 місяці тому

    Thanks!

  • @bananasmcduck630
    @bananasmcduck630 4 місяці тому

    Thanks my dude, you never disappoint

  • @yoduvall
    @yoduvall 4 місяці тому +5

    Let's go!

  • @divanfuntimes3989
    @divanfuntimes3989 4 місяці тому

    Always accurate. GOAT !

  • @waikoah4467
    @waikoah4467 4 місяці тому

    thanks bcb

  • @williamvanrickley2836
    @williamvanrickley2836 4 місяці тому

    Great video. Cheers

  • @charlesvincett84
    @charlesvincett84 4 місяці тому

    Got give it to the BCB....he seems to know his shit and sticks to his convictions. I doff my hat to you...

  • @b.w.6512
    @b.w.6512 4 місяці тому +2

    Goat

  • @Bigpressure23
    @Bigpressure23 4 місяці тому

    Miss these og videos bro. Gotta do more of these

  • @lud5495
    @lud5495 4 місяці тому +15

    DEAR BCBACKER……. NO WORDS……JUST SAY IT, YOU ARE A TIME TRAVELER HAHAHAHA. THANK YOU SO SO MUCH . LOVE FROM THE NETHERLANDS BUDDY❤❤❤❤❤❤❤❤❤❤😂❤❤😂❤

    • @OsD5713
      @OsD5713 4 місяці тому

      More love from the netherlands ❌❌❌

  • @EyesOnThais
    @EyesOnThais 4 місяці тому +3

    Yay!

  • @TomKammererII
    @TomKammererII 4 місяці тому +3

    First! Thx BCB

  • @DCAISTHEWAY
    @DCAISTHEWAY 4 місяці тому +5

    37 minutes?!

  • @jbestradaperspective
    @jbestradaperspective 4 місяці тому +4

    Vamos nooooooosssssss!!!!!

  • @vnblueberry
    @vnblueberry 4 місяці тому +3

    In before 1 minute!!

  • @henrymclaurin3347
    @henrymclaurin3347 4 місяці тому

    You can hear the excitement in his voice

  • @xrpkidotec520
    @xrpkidotec520 4 місяці тому

    Ay ya ya ya yai!!🎉

  • @SzymonWasiak
    @SzymonWasiak 4 місяці тому +1

    Hi BCB, thank you for all your hard work and for guiding us to stay aligned with the market. I truly appreciate your contributions to my trading journey and learning process.
    I have a question regarding the strategy of taking 65% profits at the 0.618 retracement level, a point we’ve all been monitoring based on chart analysis. You’ve mentioned before that, for instance, ETH reached a 4.236 extension in a previous cycle, as analyzed through market cap. This has led me to wonder: does it make sense to consider retracements in terms of market caps instead of just price points? For example, HBAR is currently only 40% away from its 0.618 market cap retracement level, and I’m considering taking 65% profits there.

  • @wulfmaster
    @wulfmaster 4 місяці тому

    LEGEND.

  • @trogx1965
    @trogx1965 4 місяці тому

    Thanks BCB!!

  • @tomospark4366
    @tomospark4366 4 місяці тому

    April let's f in go

  • @GreenCandles2024
    @GreenCandles2024 4 місяці тому

    What does distribution mean?

  • @topwaterblzt2473
    @topwaterblzt2473 4 місяці тому

    Hey @bcbacker so is it your thesis that btc does not reach a new ath this bull run and if it does it won’t get much past the previous run? Thanks

  • @blakehawley1540
    @blakehawley1540 4 місяці тому

    on brand AF

  • @JamesAnthonyLimitless
    @JamesAnthonyLimitless 4 місяці тому

    Excellent breakdown fam, I’m really grateful for your insight because I to was once an emotional trader and seemed to always be on the wrong end of the trade. It’s only now that I can trade with caution and solid fundamentals by way of BCB. Good looking out brother, keep banging homie 🙏✝️

  • @freekip
    @freekip 4 місяці тому

    Follow the FED 😎

  • @mrsolo-ik6hl
    @mrsolo-ik6hl 4 місяці тому

    Hi backer
    How match can be xrp maximum?

  • @pauleliaz
    @pauleliaz 4 місяці тому

    Isn't inverse BTC in a BCB crashing structure?

  • @1pill2pillredpillbluepill
    @1pill2pillredpillbluepill 4 місяці тому

    Ready for “ballistic bullrun” 🧑‍🚀

  • @gilbertpedroza488
    @gilbertpedroza488 4 місяці тому

    Been here since .17 🎉

  • @Mike206BMWSeattle
    @Mike206BMWSeattle 4 місяці тому +2

    First like first comment what up my man

  • @tomasnunez8518
    @tomasnunez8518 4 місяці тому

    U r a gift. Lord bless

  • @vanmedya8699
    @vanmedya8699 4 місяці тому

    ❤bcb

  • @kevinfisher8540
    @kevinfisher8540 4 місяці тому

    Only guy on youtube, I actually believe..

  • @BlueToronto
    @BlueToronto 4 місяці тому

    It already back-tested 0.54 on Saturday. At least on my chart it did.

  • @Jannercan69
    @Jannercan69 4 місяці тому

    Do it

  • @patoneill128
    @patoneill128 4 місяці тому +6

    Taylor flipped the switch!

    • @dangeles95
      @dangeles95 4 місяці тому

      She did it swiftly

  • @codybream1894
    @codybream1894 4 місяці тому

    Interesting no mention of the bitcoin halving. The feel like you have to mention that. I would like an explaination as to why you don’t

  • @isaacs8929
    @isaacs8929 4 місяці тому +3

    Yeah let's get it lol😊

  • @anddontcallmeshirley-
    @anddontcallmeshirley- 4 місяці тому

    BCB

  • @anthonycosentino8663
    @anthonycosentino8663 4 місяці тому

    Is it possible that if or when the stock market crashes all that liquidity will flow into the crypto markets?

  • @4zero5
    @4zero5 4 місяці тому

    is eth a alt coin ?

  • @xrpendgame6623
    @xrpendgame6623 4 місяці тому

    If distribution, then crash, what’s your prediction? No bullrun?

    • @adamcraig1468
      @adamcraig1468 4 місяці тому

      Lol makes no sense. Its quite clearly the start of the bull run and the bears will be found out.

  • @MythikWarriorMythikOG
    @MythikWarriorMythikOG 4 місяці тому

    Morning BCB! We finally made it to the .702! But do you think there’s a chance we see a btc crash as well as alts bleeding like we did in 2021/22? No alt run?

  • @BN-sm2tk
    @BN-sm2tk 4 місяці тому +3

    Hit the like button brothers and sisters 🎉❤

  • @dereksanderson8413
    @dereksanderson8413 4 місяці тому

    I hope BTC topping is as accurate as a Link $9 retest. I'm Glad you've prepared us.... a new ATH would obviously be insane.

  • @maniacwilly3213
    @maniacwilly3213 4 місяці тому +3

    🎉🎉🎉

  • @guyfawkes62
    @guyfawkes62 4 місяці тому

    Ethereum...."Re-enter those positions"....are you saying you would jump back in all you sold?

  • @JT-OB
    @JT-OB 4 місяці тому

    Aren't we looking for sideways action now for Bitcoin so the alts can run?

  • @DegenerateSpeculator
    @DegenerateSpeculator 4 місяці тому

    I need help understanding how BTC and equities sell off but alts don't? Help ❤

  • @topwaterblzt2473
    @topwaterblzt2473 4 місяці тому

    Hey guys does bcbacker believe that btc won’t reach new aths for the first time ever ?

  • @Whathappenedthough
    @Whathappenedthough 4 місяці тому +3

    Woohooo

  • @craigdavieed3692
    @craigdavieed3692 4 місяці тому

    Lol, volcanic eruption of gains! 😂

  • @wd40_365
    @wd40_365 4 місяці тому +4

    Do you have a live stream? If so, what time and days are you on?

    • @juicebox86
      @juicebox86 4 місяці тому

      Every morning before market open, and especially Wednesdays!

    • @Doughboy14145
      @Doughboy14145 4 місяці тому

      He live streams weekdays around 9:30a EST. 🤟🏽🍃

    • @alaricgoldkuhl155
      @alaricgoldkuhl155 4 місяці тому

      Markets in the Morning every morning when the US market opens my dude. Tune in. It's a blast!🐸

  • @johnrescigno1367
    @johnrescigno1367 4 місяці тому

    BCB, what about bitcoin hitting new all time high because stock market did already

  • @bitcoinbrinsco
    @bitcoinbrinsco 4 місяці тому

    What will the market cap be for xrp compared to btc if xrp hits $8-9 but bitcoin stalls out and sits around 45k?

    • @adamcraig1468
      @adamcraig1468 4 місяці тому

      45k? Lol it'll be 100k in the next 6 months

  • @Anderson-bk1hf
    @Anderson-bk1hf 4 місяці тому

    I thought about leaving this comment for a while now. You don’t realize we look to you to make consistent videos regardless of you repeating yourself. Please get back to making videos at your old consistency. F*** the haters and let’s GOOOOOO BCB.

  • @willlinke2849
    @willlinke2849 4 місяці тому

    🎉

  • @TDi.Traders
    @TDi.Traders 4 місяці тому

    One think you should not forget if money goes out of the stock market and out of the US Dollar it have to go somewehere!? The only Assetclass is Crypto ...Think about it😮😊

  • @mstrmnd5123
    @mstrmnd5123 4 місяці тому

    Sheeeeeesshhh...

  • @pieterbiemond8397
    @pieterbiemond8397 4 місяці тому +3

    🎉🎉🎉🎉🎉