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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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.
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.
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!
💯 he is the best
Definitely one of the most grounded crypto youtubers. Need my daily dose of BCB to put my mind at ease
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!
So the top could be in?? That would suck. No rally, we just keep plummeting. Kind of like what happened in December 2021.
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.
I think this current flash is GBTC liquidations. I don't think it's comparable to last blow off tops. not yet.
interesting point
Could the enormous outflows from Greyscale account for the big red flash of old coins being sold? Greyscale did have them for a while...
Does the selling of the grayscale coins affect this glassnode chart?
Thanks for all that you do for the XRP Community BCB! Lurker since 2020, Keep it up!
What is the possible price for XRP in the next 3 to 4 months?
Fantastic video BCB, incredible presentation of data…. Best community ever LETS GOOOO
May the Lord continue to bless and lead you BCB. Thank you for your work.
BlockChainBacker hits again with his alpha TA. Love this guy. The best in the game IMO.
Thank you!!
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?
The halwing has absolutly nothing to do with the bullrun
Thanks BCB! The tool kit is amazing. Always appreciate your insights.
Great data as always BCB, lets see how it collates with the future weeks and months ahead!
All the correlations are there, so fingers crossed. Thanks for all the hard work BCB!
Great insight with the on-chain data! thanks!
So if Bitcoin goes to ATH in the next three months, what point does ALT coins end their run?
I watched over the video and you answered it, 4 months remaining for the ATL coins. Thanks BCB
Thank God for Blockathan C. Backerson 🙏🏽
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.
This was a mind opener ! Changed my complete strategy and highly appreciated technical analysis
Wen Mun?!?!?!
Oh come on.
BCB LETS GOOOO
thank youuuu bcbacker!!!
So the peak could be this year ?
Could be over a month ago.
Awesome video. Thanks for all you do.
Thanks BCB 👍
BCB+TXMC=LFG Alpha!
feels like we might get 1 more then we can throw in the towel for a while.
Love your stability ❤
My bets are on , one more lil rally .
Hope I'm not wrong.
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
Long time no hear 💯🙌👍
Cuppa Coffee and Chill listening to the legend 👌
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.
They only say all that stuff for views, they really don't care 😂
this is quite scary
Awesome info❤
But there us no new liquidity coming in.
We need one more drop
Great video thx
Jes man 👏 your info is always top notch !! Love these shorter vids too btw
I hate bad breadth
I belive this is the cicle of 2017.
THANKS FOR ALL YOUR WORK YOU ARE AMAZING
AMAZING BUDDY..... REALLY AMAZING... THANK YOU SO SO MUCH DEAR FRIEND❤❤❤❤❤❤❤❤❤❤❤
Amen
LFG💪🏽
THAT ONE
Let’s go
Alllll iiiinnnnnnnn
Xrp hasn’t barely done a thing and it’s almost over. What a …
Thanks
It's Monday my dudes
Amazing analysis
XRP, where are you
So basically it’s over, the bull run?
🐸💚THANKS BCB💚🐸
Yep I'm first with a great BCB video!
XRP is the news denominator for the final rally
Already sold my btc, as I'd seen enough gain from 8k and dumped that into my alts. Just waiting for lift off now.
Let's gooooooo 😂
Nice
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
No rate cuts coming, I'm betting on rate increases
IF XRP hits $3 in 2024 I'll crap in my pants
I love BCB, and hope he's right. But I think we're F'ed. Here comes "sell in May, walk away"
Lfg 🙌🏾
First!!!!!
First here❤
-1st
1st ?
FISRT
First?!
First. Biblical beast.
Great stuff. Thank you to TXMC as well for compiling the Glass Node data!! 👍
Thank you BcB
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.
Yeah, altcoin markets behaving that we are mutch further in the cycle...except for xrp. 😂
Informative as usual. Thank you.
Shout out everyone who’s been holding through the entire bear market. 60k isn’t shit when you’ve been through it all!
I feel yah bro💪
Wooo 🎉 let’s go
But 2017 there where 3 Red points
Any thoughts on GBTC sellin huge amount of very old coins? Can this distort some percentage of data?
I'm ready for moon dad
🥳👌👍
BCB the GOAT
🙏
Top!
🔥🔥🔥🐐🚀
Legend.
Maybe some of the old coins moved to the ETF, to lower their self custody risk
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!
BCB IS ON FIRE WITH THE SHORT VIDEOS!!!!!
Last time I took his advice I made $$$$ , this time is no different!
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
Appreciate you !! 💯💪🏿💯
Fantastic presentation! Thanks for the amazing insight and keep up the great content!
So this time is different !!!
Damn, I freaking owe you so much. Thanks amigo BCB!
Can we get a bitcoin price prediction video?