Liquidation to Support, Bitcoin Price Downtrend as Altcoin Market Slams Lows, Confluence on Several

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  • Опубліковано 17 чер 2024
  • Blockchain Backer's Technical Analysis Toolkit for Crypto - www.BCBacker.com
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    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.
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КОМЕНТАРІ • 127

  • @BCBacker
    @BCBacker  10 днів тому +9

    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.

  • @OutOfPocket_TV
    @OutOfPocket_TV 10 днів тому +71

    Bro this is such a terrifying time, thanks for consistently dropping videos during these rough times.

    • @Inkartnee123
      @Inkartnee123 10 днів тому +5

      dont worry the lows are soon to be over, buy the dip bro, alt coins will reset again to highs.

    • @antwankradolfer6746
      @antwankradolfer6746 10 днів тому +5

      Buy the dip chill and sit back.

    • @BroseidonShorts
      @BroseidonShorts 10 днів тому +2

      lol I don’t care anymore now. 6th year of crypto, seen it over and over. This market is unstoppable, you think we will be trading shells for stones again? No digital currency is the present and the future. Chill and enjoy

    • @theproxy6841
      @theproxy6841 10 днів тому

      You must be new here

  • @kelvinmatthews5542
    @kelvinmatthews5542 10 днів тому +3

    Thanks BCB. May the Lord keep you strong in what you've learned.

  • @Havoc1019
    @Havoc1019 10 днів тому +18

    Appreciate you for being honest and never ever trying to sell us nonsense.

  • @saintmte5076
    @saintmte5076 10 днів тому +17

    Defo frustrating, but we move. All BCB can do is report back his findings and we must consider that (as well as doing our own research) and act accordingly.
    Good luck to all 🙏

  • @Allndafamedia
    @Allndafamedia 10 днів тому +6

    Appreciate you man! You sorta calm me down after watching your videos! 💯

  • @dj-gf9co
    @dj-gf9co 10 днів тому +8

    cardano also hit 78.6% retracement. hope we can see some movement now

  • @simongreenbank2232
    @simongreenbank2232 10 днів тому +10

    It’s time to buy seen this before multiple times in the last cycle I can remember huge drops twice last cycle only to make new highs

    • @porschepal7932
      @porschepal7932 10 днів тому

      Now is definitely the time to buy. Crypto isn't done or anything like that, we're just having a great sale.

    • @Saviorcomplexion
      @Saviorcomplexion 10 днів тому

      Let's rock

  • @shehabhamdan6239
    @shehabhamdan6239 10 днів тому +17

    Xrp lead the way damn it

    • @dangeles95
      @dangeles95 10 днів тому +1

      Xrp NEVER leads the way. We always move last……if at all.

  • @lud5495
    @lud5495 10 днів тому +1

    Thank you dear BCBACKER..... Dang buddy... let's hope the market will lift off soon. Have a great day LEGEND ❤❤❤❤❤❤❤❤❤

  • @stefanstesevic92
    @stefanstesevic92 9 днів тому

    Imagine being most loved and most hated man in the crypto world.
    That’s the power of the unshakable BCB truth!

  • @deep9571
    @deep9571 10 днів тому +3

    You’re the man BCB!

  • @stacenrob1977
    @stacenrob1977 10 днів тому +4

    Thanks BCB

  • @Martin-cj9we
    @Martin-cj9we 10 днів тому +1

    Thanks so much ! This was an eye opener!!

  • @AC-cw1wy
    @AC-cw1wy 10 днів тому +4

    hey bcb - didn't you say that there are reasons why it is time for breakout - with wyckoff distribution, timing with GME, safety trade dominance, am I missing something? Of course you always said we are missing the catalyst as we had with the previous cycles but didn't you say there are reasons why it could be time?

  • @davidetozzi1647
    @davidetozzi1647 10 днів тому

    You are the best BCB!!

  • @Texas_Takeover
    @Texas_Takeover 10 днів тому +6

    One day closer 🙏

  • @sarahola93
    @sarahola93 10 днів тому +1

    Thank you as always BCB

  • @ThePorscheSavage
    @ThePorscheSavage 10 днів тому

    Thank you for the update!

  • @Taylerthelen
    @Taylerthelen 10 днів тому +1

    First Again! Thank you BCB!

  • @cryptodracula9985
    @cryptodracula9985 10 днів тому

    BCB in this times your our psychologist

  • @Krptokrayon
    @Krptokrayon 10 днів тому +4

    The masses are deluded by the halving (the timing of which is even more impressive than bitcoin) and the alledged 4 year cycles .

  • @EllisGeiger
    @EllisGeiger 10 днів тому

    Thank you for your insight; greatly appreciated.

  • @masta_o
    @masta_o 10 днів тому +4

    Thank God for Blockathan C. Backerson 🙏🏽

  • @edkonings3669
    @edkonings3669 10 днів тому +6

    The FED and Bitcoin ETF are not good for the cryptomarkt

  • @thomasbrown4201
    @thomasbrown4201 10 днів тому +1

    Heeeeyy! Was needing me some BCB!

  • @ajnone8714
    @ajnone8714 10 днів тому

    Great advice I’ll chill out too until I pack my bag again 🎉 thanks for the great analysis

  • @Simi1984
    @Simi1984 10 днів тому

    Thanks!

  • @simon307
    @simon307 10 днів тому

    Thanks BCB 👍

  • @damo5791
    @damo5791 10 днів тому +1

    So much for alt season including XRP all being complete by the end of June. Hopefully, this all turns around soon and we manage to get alt season including a huge XRP run before the end of September.

  • @JamesAnthonyLimitless
    @JamesAnthonyLimitless 10 днів тому

    As always your content is 🔥

  • @illz09
    @illz09 10 днів тому +3

    Made some pretty big buys today.

  • @stephengarcia9272
    @stephengarcia9272 10 днів тому +2

    300 likes, 1500 views in 8 minutes 😎 We are here now

  • @mokelly1986
    @mokelly1986 10 днів тому

    Thanks for the market update BCB, certainly feels different and I'm ready to deploy capital if needed but might even take it all out, apart from Ondo and see what happens.

  • @Kaizoku877
    @Kaizoku877 10 днів тому +2

    Why doesn’t anyone talk about summer sell offs anymore? Imagining that this time is different and people won’t be selling of straight after May is crazy to me

  • @Krptokrayon
    @Krptokrayon 10 днів тому +1

    Because of the covid dip driving prices down. Settinf up huge gains with printing and low rates. The price of watches during covid went absolutely bat shit crazy high.

  • @dominator683
    @dominator683 10 днів тому +1

    Cspr spring, hopefully.
    XRP holding up nicely, with the case to wrap up soon this year, with this pain for retail going down, looks realll juicy

  • @mmarz2675
    @mmarz2675 10 днів тому +3

    "This time is different" is becoming a fair assessment real quick.

  • @johnjohn-is8yc
    @johnjohn-is8yc 10 днів тому

    Thanks my dude

  • @snest123
    @snest123 10 днів тому +1

    Im just going to keep doing what i've been doing to just continue stacking XRP

  • @AfricanThorr
    @AfricanThorr 10 днів тому +2

    @BCBacker is there a reason why you never mention Casper (CSPR) just wondering..(not that you have to)

  • @Nashcaster
    @Nashcaster 10 днів тому +1

    Woowoo! Alive in colorado!!

  • @ditdirit
    @ditdirit 10 днів тому

    my friends that entered this cycle, yesterday sold their alts expecting to buy lower or echanged them for btc because they were afraid so hope this is the bottom for now. thanks for your work bcb

  • @muffchomp635
    @muffchomp635 10 днів тому +1

    Lets go dudes!

  • @marcusdecmer
    @marcusdecmer 10 днів тому +1

    Isn't the saying: "Sell in May and go away?"

  • @andreasstywalker
    @andreasstywalker 10 днів тому +1

    Let's go!

  • @lldragon
    @lldragon 10 днів тому

    impresive

  • @MindsetMoney2
    @MindsetMoney2 10 днів тому

    XRP looks much different! Bag is packed!

  • @michaeldobrowolski8228
    @michaeldobrowolski8228 10 днів тому +1

    Also how tf do the wallets with 10+ bitcoin always know when to start selling and when ti start buying?

  • @muffchomp635
    @muffchomp635 10 днів тому +1

    Love isnt always on time

  • @soletiq
    @soletiq 10 днів тому +9

    I feel the same way. Im seeing so many bulls acting like these things are normal when theyre just not. Either way, i've already started scaling out. This is NOT a normal bull run.

  • @Whathappenedthough
    @Whathappenedthough 10 днів тому

    Hallelujah ❤

  • @shonteltukere7702
    @shonteltukere7702 10 днів тому

    I noticed the bull run after the halving have been delayed 2 weeks every time so this run should start this week end

  • @blessedlukoki
    @blessedlukoki 10 днів тому

    Hey all 👋 Let’s hope to see a reversal in the markets 🙏

  • @MrJohngrimm
    @MrJohngrimm 10 днів тому +1

    Steady and yolo...?

  • @TCsHouse
    @TCsHouse 10 днів тому

    Hey BCB hope you see this! Take a look at DJI from May 2011 on weekly through December 2011 and take a look at how similar TOTAL is from March-Now on daily. Very similar.

    • @TCsHouse
      @TCsHouse 10 днів тому

      It's like currently we're at the equivalent of November 23, 2011 on DJI. I find it very intriguing.

    • @alexanderkiria
      @alexanderkiria 10 днів тому

      Would that mean cryptos will go nuts this season?

  • @garrinerlank7240
    @garrinerlank7240 10 днів тому +2

    Someone give the market CPR.

  • @chrisdaugherty5272
    @chrisdaugherty5272 10 днів тому

    give it two weeks to finish Q2, and figure out what France is going to do for liquidity, and also UK rate cuts tomorrow

  • @laxman_jr9613
    @laxman_jr9613 10 днів тому

    Reassurance

  • @adamhastings3780
    @adamhastings3780 10 днів тому

    Time to buy?😢

  • @Mike206BMWSeattle
    @Mike206BMWSeattle 10 днів тому

    Always a nail biter. This market isn't easy. This would be the "big suprise". Hopefully we get a catalyst coming soon

  • @christianlilavois5706
    @christianlilavois5706 10 днів тому

    SEC enforcer quits and ETH lawsuit suspended? We pumped hard tonight, DXY breaking down, USDT.D rejected on monthly FVG.
    It's all looking like its going to give it another try.

  • @olofingerspringer
    @olofingerspringer 9 днів тому

    🙏

  • @aceboogie2325
    @aceboogie2325 10 днів тому

    Let’s gooo

  • @TylerVanAllen
    @TylerVanAllen 10 днів тому

    Pretty scary out there we shall see hopefully things turn up

  • @wick589
    @wick589 10 днів тому

    Mneh. I'm buying. I've been through worse lol

  • @willlinke2849
    @willlinke2849 10 днів тому

    Yeah i dont feel like ETF’s seem good for the market as well

  • @LeoGraca23
    @LeoGraca23 10 днів тому +1

    File Coin ?

  • @Wa954Stunna
    @Wa954Stunna 10 днів тому

    Full moon days away bois 83-86 Btc in August

  • @alexsantiago439
    @alexsantiago439 10 днів тому

    Dude where you've been?

  • @mariosolorzano8009
    @mariosolorzano8009 10 днів тому

    🎉🎉🎉

  • @deeppixelstudios7325
    @deeppixelstudios7325 10 днів тому

    Needed my dose of hopium.

  • @hardwired3980
    @hardwired3980 10 днів тому

    👍

  • @teqnikg
    @teqnikg 10 днів тому

    Wooooooo

  • @jbheavyequipmentservicesin820
    @jbheavyequipmentservicesin820 10 днів тому

    We are 💯 % at the bottom

  • @oscarhernandez0120
    @oscarhernandez0120 10 днів тому +3

    Lets el goo 0:29

  • @worldtravelin
    @worldtravelin 10 днів тому

    Perfect cup and handle pattern off the 702 and backtest downtrend line....things could be getting interesting.

  • @willlinke2849
    @willlinke2849 10 днів тому

    Straight to the moon thats where lol

  • @kungmurre
    @kungmurre 10 днів тому

    Xrp video pls

  • @michaellikes780
    @michaellikes780 10 днів тому +1

    I love the pain

  • @hansloaded
    @hansloaded 10 днів тому

  • @gavinarnold4756
    @gavinarnold4756 10 днів тому

    Chill .have a cup tea and breath
    It's just huge shake out

  • @Digikuma
    @Digikuma 10 днів тому

    Heyyyyyy

  • @happeningsllc
    @happeningsllc 10 днів тому

    are we rich yet?

  • @simonforsey6968
    @simonforsey6968 10 днів тому

    Help

  • @willlinke2849
    @willlinke2849 10 днів тому

    If blackrock is able to manipulate prices and bitcoin supposed to lead retail wont be seeing any glory days

  • @sergiv5613
    @sergiv5613 10 днів тому +1

    The first red flag was BTC breaking below the high of last cycle. That was just the first . I believe we are going to go into a bear market for the next decade, maybe a little less. Could see 10k even. Probably woll get very borinf for a long time (btc is dead) to give time for reaccumulatiom. Btc hasnt even seen a real stock market recession. Stocks have been going up since btc was created. With all that being said, i do have long positions, for the shorter term. Probably will exit completely very soon.

  • @yeldarb8797
    @yeldarb8797 10 днів тому

    Ayoo

  • @janpiet2515
    @janpiet2515 10 днів тому

    First 🎉🎉🎉🎉

  • @johnM-Jr
    @johnM-Jr 9 днів тому

    btc doesnt look done going down.

  • @artthemandan
    @artthemandan 10 днів тому

    Thanks. I needed a pick-me-up! PICK ME UP! Thanks!

  • @crackerB7
    @crackerB7 10 днів тому

    Thanks for the videos please keep them coming. What do you think about ASM?

  • @jymgains
    @jymgains 10 днів тому

    Second!!!!!!!!

  • @jonanderson6882
    @jonanderson6882 10 днів тому

    1st

  • @ricktbdgc
    @ricktbdgc 10 днів тому

    One day, bcbacker showing a chart that looks bullish, next day, bearish.. wtf is going on other than manipulation?
    By the way I bet if a whale watches bcbacker, they can steer the charts in a different direction than everyone thinks.

  • @leastmostwanted
    @leastmostwanted 10 днів тому +1

    I will say these bad words about this mess. This market is a bunch of dookie.

  • @vegeta5402
    @vegeta5402 10 днів тому

    First

  • @cryptowaikoah
    @cryptowaikoah 10 днів тому

    thank you mf

  • @mirodoneciprian32
    @mirodoneciprian32 10 днів тому

    first

  • @Xrpg23
    @Xrpg23 10 днів тому

    🎉first