RIGHT AROUND THE CORNER, Bitcoin Price On-Chain and Altcoin Market Similarity to Prior Blow-Off Run

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  • Опубліковано 28 вер 2024
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КОМЕНТАРІ • 131

  • @BCBacker
    @BCBacker  5 місяців тому +6

    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.

  • @robf1666
    @robf1666 5 місяців тому +91

    I always need to listen to bcb after I listen to other you tubers because he makes everything more clearer and I truly trust his opinion over everybody else. Top guy!

  • @Nenirusamar
    @Nenirusamar 5 місяців тому +1

    Definitely one of the most grounded crypto youtubers. Need my daily dose of BCB to put my mind at ease

  • @darrylhenry3793
    @darrylhenry3793 5 місяців тому +2

    Backer is a F-ing oracle! You could be charging a fortune for membership on your insights. You don’t and that shows you’re a good person and man of god! I hope you’re blessed 10000000000000 fold!

  • @vv-pr4ql
    @vv-pr4ql 5 місяців тому +1

    So the top could be in?? That would suck. No rally, we just keep plummeting. Kind of like what happened in December 2021.

  • @mattandallthings
    @mattandallthings 5 місяців тому

    I remember reading, when the Fed starts dropping, rates, a stock market crash could be near, and thought what if that's in the middle of a crypto bullrun? What you are saying here makes perfect sense. Much more chance of all markets dropping together.

  • @johnfurr6060
    @johnfurr6060 5 місяців тому +4

    I think this current flash is GBTC liquidations. I don't think it's comparable to last blow off tops. not yet.

    • @543whitey
      @543whitey 5 місяців тому

      interesting point

  • @Ausgrave
    @Ausgrave 5 місяців тому +2

    Could the enormous outflows from Greyscale account for the big red flash of old coins being sold? Greyscale did have them for a while...

  • @gregjones2472
    @gregjones2472 5 місяців тому +1

    Does the selling of the grayscale coins affect this glassnode chart?

  • @MindsetMoney2
    @MindsetMoney2 5 місяців тому +10

    Thanks for all that you do for the XRP Community BCB! Lurker since 2020, Keep it up!

  • @hazydays7558
    @hazydays7558 5 місяців тому +1

    What is the possible price for XRP in the next 3 to 4 months?

  • @stevemant5843
    @stevemant5843 4 місяці тому

    Fantastic video BCB, incredible presentation of data…. Best community ever LETS GOOOO

  • @kelvinmatthews5542
    @kelvinmatthews5542 5 місяців тому

    May the Lord continue to bless and lead you BCB. Thank you for your work.

  • @sniperrabijn2469
    @sniperrabijn2469 5 місяців тому +1

    BlockChainBacker hits again with his alpha TA. Love this guy. The best in the game IMO.

  • @kasperwikstrom
    @kasperwikstrom 5 місяців тому

    Thank you!!

  • @catalinungureanu4538
    @catalinungureanu4538 5 місяців тому +2

    I don't understand anything, not on 2025 should be the huge run..? the halving it was on 2020 and it rally in 2021, now the halving it was this year and the rally is in 2025?

    • @pietervermaak9705
      @pietervermaak9705 5 місяців тому

      The halwing has absolutly nothing to do with the bullrun

  • @alexoloughlin2614
    @alexoloughlin2614 5 місяців тому +2

    Thanks BCB! The tool kit is amazing. Always appreciate your insights.

  • @mokelly1986
    @mokelly1986 5 місяців тому

    Great data as always BCB, lets see how it collates with the future weeks and months ahead!

  • @Mike-wc1ns
    @Mike-wc1ns 5 місяців тому +2

    All the correlations are there, so fingers crossed. Thanks for all the hard work BCB!

  • @trenthm
    @trenthm 5 місяців тому +1

    Great insight with the on-chain data! thanks!

  • @neil7680
    @neil7680 5 місяців тому +1

    So if Bitcoin goes to ATH in the next three months, what point does ALT coins end their run?

    • @neil7680
      @neil7680 5 місяців тому +1

      I watched over the video and you answered it, 4 months remaining for the ATL coins. Thanks BCB

  • @masta_o
    @masta_o 5 місяців тому +3

    Thank God for Blockathan C. Backerson 🙏🏽

  • @IGCcore
    @IGCcore 5 місяців тому +3

    Great video. It's nuts to think we are so close to end of cycle. But, then again, I am frothing at the mouth to sell once we retrace. These next 4 months will feel like an eternity.

  • @Bharatagrawal2540
    @Bharatagrawal2540 5 місяців тому +1

    This was a mind opener ! Changed my complete strategy and highly appreciated technical analysis

  • @Nejineto
    @Nejineto 5 місяців тому +4

    Wen Mun?!?!?!

  • @jbestradaperspective
    @jbestradaperspective 5 місяців тому +2

    Oh come on.

  • @raulreyes69
    @raulreyes69 5 місяців тому +1

    BCB LETS GOOOO

  • @cryptodracula9985
    @cryptodracula9985 5 місяців тому

    thank youuuu bcbacker!!!

  • @Bergacci88
    @Bergacci88 5 місяців тому +4

    So the peak could be this year ?

    • @css9885
      @css9885 5 місяців тому

      Could be over a month ago.

  • @marvinharris7772
    @marvinharris7772 5 місяців тому

    Awesome video. Thanks for all you do.

  • @simon307
    @simon307 5 місяців тому

    Thanks BCB 👍

  • @phTeamHalb
    @phTeamHalb 5 місяців тому

    BCB+TXMC=LFG Alpha!

  • @Doty6String
    @Doty6String 5 місяців тому +1

    feels like we might get 1 more then we can throw in the towel for a while.

  • @4Asti
    @4Asti 5 місяців тому

    Love your stability ❤

  • @ricardoalves2804
    @ricardoalves2804 5 місяців тому

    My bets are on , one more lil rally .
    Hope I'm not wrong.

  • @aubreywoodiwiss1152
    @aubreywoodiwiss1152 5 місяців тому +1

    Dude I love you so much , thank you thank you , by far you have the absolute best TA across you tube :/ FACT . Big love dude

  • @LJ-702
    @LJ-702 5 місяців тому +1

    Long time no hear 💯🙌👍

  • @scottmcclure4664
    @scottmcclure4664 5 місяців тому +1

    Cuppa Coffee and Chill listening to the legend 👌

  • @JustDave314
    @JustDave314 5 місяців тому +6

    BCB - do you realized the amount of cognitive dissonance you have just created amongst your UA-cam influencer colleagues? You are totally destroying their "melt your face" predictions for the "the bull" has just started.

    • @Cee_H
      @Cee_H 5 місяців тому

      They only say all that stuff for views, they really don't care 😂

  • @FinalCurse
    @FinalCurse 5 місяців тому

    this is quite scary

  • @JIANYM36
    @JIANYM36 5 місяців тому

    Awesome info❤

  • @1stNeoSpartan
    @1stNeoSpartan 5 місяців тому

    But there us no new liquidity coming in.
    We need one more drop

  • @kevinsharpe87
    @kevinsharpe87 5 місяців тому

    Great video thx

  • @keithporter9773
    @keithporter9773 5 місяців тому +1

    Jes man 👏 your info is always top notch !! Love these shorter vids too btw

  • @delledova7433
    @delledova7433 5 місяців тому +1

    I hate bad breadth

  • @PedroPires-h9v
    @PedroPires-h9v 5 місяців тому

    I belive this is the cicle of 2017.

  • @palmiramulready8617
    @palmiramulready8617 5 місяців тому +1

    THANKS FOR ALL YOUR WORK YOU ARE AMAZING

  • @lud5495
    @lud5495 5 місяців тому +2

    AMAZING BUDDY..... REALLY AMAZING... THANK YOU SO SO MUCH DEAR FRIEND❤❤❤❤❤❤❤❤❤❤❤

  • @Annisa8Firdaus
    @Annisa8Firdaus 5 місяців тому +1

    Amen

  • @andyaguirre8363
    @andyaguirre8363 5 місяців тому +2

    LFG💪🏽

  • @ilovelightshows
    @ilovelightshows 5 місяців тому +1

    THAT ONE

  • @JesseLeePeterson9
    @JesseLeePeterson9 5 місяців тому

    Let’s go
    Alllll iiiinnnnnnnn

  • @hansiejawol746
    @hansiejawol746 5 місяців тому

    Xrp hasn’t barely done a thing and it’s almost over. What a …

  • @stacenrob1977
    @stacenrob1977 5 місяців тому +2

    Thanks

  • @jerrygreig9506
    @jerrygreig9506 5 місяців тому

    It's Monday my dudes

  • @michelemoussalem1398
    @michelemoussalem1398 5 місяців тому +1

    Amazing analysis

  • @JIANYM36
    @JIANYM36 5 місяців тому

    XRP, where are you

  • @HonorableBeniah-A
    @HonorableBeniah-A 5 місяців тому

    So basically it’s over, the bull run?

  • @hipflask69
    @hipflask69 5 місяців тому +1

    🐸💚THANKS BCB💚🐸

  • @fessybear
    @fessybear 5 місяців тому +3

    Yep I'm first with a great BCB video!

  • @josdenhartog7385
    @josdenhartog7385 5 місяців тому +1

    XRP is the news denominator for the final rally

  • @89fingerslouieXRP
    @89fingerslouieXRP 5 місяців тому +1

    Already sold my btc, as I'd seen enough gain from 8k and dumped that into my alts. Just waiting for lift off now.

  • @SkyHighBy
    @SkyHighBy 5 місяців тому

    Let's gooooooo 😂

  • @Etsgoo
    @Etsgoo 5 місяців тому +1

    Nice

  • @ricktbdgc
    @ricktbdgc 5 місяців тому +1

    Dumb money indicators.. all it shows is where ppl think the market is, maybe they are wrong, maybe they are right. 3-4 months doesnt line up with the halving cycle, which gives another 12-16 months.
    However the stock market may only have 3-4 months, rate cuts etc

    • @joshhenley5441
      @joshhenley5441 5 місяців тому

      No rate cuts coming, I'm betting on rate increases

  • @homevalueglass3809
    @homevalueglass3809 5 місяців тому

    IF XRP hits $3 in 2024 I'll crap in my pants

  • @MM-ex4gg
    @MM-ex4gg 5 місяців тому +1

    I love BCB, and hope he's right. But I think we're F'ed. Here comes "sell in May, walk away"

  • @TozBeats
    @TozBeats 5 місяців тому

    Lfg 🙌🏾

  • @jymgains
    @jymgains 5 місяців тому +2

    First!!!!!

  • @techmombasa8749
    @techmombasa8749 5 місяців тому +1

    First here❤

  • @captaincryptomorgan9134
    @captaincryptomorgan9134 5 місяців тому +1

    -1st

  • @patrickkaltner8554
    @patrickkaltner8554 5 місяців тому +1

    1st ?

  • @loganwentland2696
    @loganwentland2696 5 місяців тому +1

    FISRT

  • @Foodiesubie
    @Foodiesubie 5 місяців тому +1

    First?!

  • @MyMissileMeatRocket
    @MyMissileMeatRocket 5 місяців тому +2

    First. Biblical beast.

  • @djmrnobodymusic
    @djmrnobodymusic 5 місяців тому +2

    Great stuff. Thank you to TXMC as well for compiling the Glass Node data!! 👍

  • @fairbridgejacobs
    @fairbridgejacobs 5 місяців тому +1

    Thank you BcB

  • @hadrianj684
    @hadrianj684 4 місяці тому

    Appreciate your work mate.
    Have you considered the possibility that while the structure and order flow tend to indicate we're further along in the "cycle", this doesn't mean the cycle will necc end early.
    Perhaps with more institutional adoption and current experienced retail hodling more than ever, we may in fact be witnessing a more bullish cycle that the prev two certainly and the market could still peak H2/Q4 2025.
    I'm not saying this WILL happen, just that if the pattern holds cycle/timing wise, then this possibility should be at least considered alongside your shorter cycle theory.

  • @swissuav9273
    @swissuav9273 5 місяців тому +6

    Yeah, altcoin markets behaving that we are mutch further in the cycle...except for xrp. 😂

  • @trevcole-v1e
    @trevcole-v1e 4 місяці тому

    Informative as usual. Thank you.

  • @RexRogers_
    @RexRogers_ 5 місяців тому +5

    Shout out everyone who’s been holding through the entire bear market. 60k isn’t shit when you’ve been through it all!

    • @OsD5713
      @OsD5713 5 місяців тому

      I feel yah bro💪

  • @nasdmx28
    @nasdmx28 5 місяців тому +1

    Wooo 🎉 let’s go

  • @TDi.Traders
    @TDi.Traders 5 місяців тому

    But 2017 there where 3 Red points

  • @igorpustsin
    @igorpustsin 5 місяців тому +5

    Any thoughts on GBTC sellin huge amount of very old coins? Can this distort some percentage of data?

  • @Saviorcomplexion
    @Saviorcomplexion 5 місяців тому

    I'm ready for moon dad

  • @jonasbjorn2503
    @jonasbjorn2503 5 місяців тому +1

    🥳👌👍

  • @MrDieden
    @MrDieden 5 місяців тому +1

    BCB the GOAT

  • @Sky_Pixelz
    @Sky_Pixelz 5 місяців тому +1

    🙏

  • @recstormTV
    @recstormTV 5 місяців тому +1

    Top!

  • @JEFF-1982
    @JEFF-1982 5 місяців тому +1

    🔥🔥🔥🐐🚀

  • @wulfmaster
    @wulfmaster 5 місяців тому +1

    Legend.

  • @carforcoin1161
    @carforcoin1161 5 місяців тому

    Maybe some of the old coins moved to the ETF, to lower their self custody risk

  • @cryptowaikoah
    @cryptowaikoah 5 місяців тому

    What about the onchain wallet holdings and movings? I know @TXMC spoke about it a while back, would like another video from both of you guys. It was so great! Thanks for this one!

  • @stevepierce6090
    @stevepierce6090 5 місяців тому

    BCB IS ON FIRE WITH THE SHORT VIDEOS!!!!!
    Last time I took his advice I made $$$$ , this time is no different!

  • @scottfriday487
    @scottfriday487 5 місяців тому

    Like to think so but 4 months is the opposite of sell in may and go away. It’s literally alt season all summer? I know it’s just a saying just highlighting

  • @Allndafamedia
    @Allndafamedia 5 місяців тому

    Appreciate you !! 💯💪🏿💯

  • @333funklove
    @333funklove 5 місяців тому

    Fantastic presentation! Thanks for the amazing insight and keep up the great content!

  • @walkerxrp
    @walkerxrp 5 місяців тому

    So this time is different !!!

  • @Alvy93
    @Alvy93 5 місяців тому

    Damn, I freaking owe you so much. Thanks amigo BCB!

  • @htownzplaya1
    @htownzplaya1 5 місяців тому

    Can we get a bitcoin price prediction video?