THE FLUSH TO WATCH, Altcoin Market Bottom Formation, Bitcoin Price Chart Structures, Right NOW

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  • Опубліковано 20 чер 2024
  • 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/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 • 151

  • @BCBacker
    @BCBacker  7 днів тому +7

    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.

  • @Whoo_Whoop
    @Whoo_Whoop 7 днів тому +7

    Looking forward to a weekend update with the bottom in! Holding for almost 7 years at this point (October). Would be life changing money if I hit my marks

  • @Mike-wc1ns
    @Mike-wc1ns 7 днів тому +4

    Thank GOD, a possible bottom to all this madness! Couldn't do it without BCB!

  • @Phillink
    @Phillink 7 днів тому +4

    The thing that makes me curious is that we are in a complete new environment. We now have an ETF and companies like Blackrock in the market. That is totaly new and Im not sure if we still can compare market behaviour from now to the old bull and bear phases.

  • @masta_o
    @masta_o 7 днів тому +2

    Thank God for Blockathan C. Backerson 🙏🏽

  • @adeline1226
    @adeline1226 5 днів тому

    Blockchainbacker is the master teacher

  • @gordonbeckett8139
    @gordonbeckett8139 7 днів тому +4

    Super informative haveca good weekend🎉

  • @fairbridgejacobs5668
    @fairbridgejacobs5668 7 днів тому +2

    Thank you BcB

  • @editundo4019
    @editundo4019 7 днів тому +1

    Amazing video. Long time follower and this is one of the clearest, most educational videos on all of you tube.

  • @johnjohn-is8yc
    @johnjohn-is8yc 7 днів тому +1

    Thank you BCB for all you do my guy

  • @robrodriquez6099
    @robrodriquez6099 7 днів тому

    The information is worth more than gold . Thank you BCB 🙏

  • @mokelly1986
    @mokelly1986 7 днів тому +2

    Thanks BCB, looking forward to watching this

  • @Ross.1987
    @Ross.1987 7 днів тому +2

    Thank you Sir

  • @marriedmixed
    @marriedmixed 7 днів тому +1

    Thanks for the good information on the play.

  • @taylorw362
    @taylorw362 7 днів тому

    Awesome video!!! Thank you BCB!!!

  • @FearTheSea
    @FearTheSea 7 днів тому

    Awesome, thank you for sharing. Excellent analysis as always

  • @lldragon
    @lldragon 7 днів тому

    thank You, for sharing your knowledge

  • @chuychayote
    @chuychayote 7 днів тому

    Awesome analysis, thank you!

  • @MarcWencelius
    @MarcWencelius 7 днів тому

    Many thanks for sharing your thought process, much appreciated :)

  • @Mike206BMWSeattle
    @Mike206BMWSeattle 5 днів тому

    Thanks for the hope! Hopefully this works out for us all. We need it.

  • @mrq2189
    @mrq2189 7 днів тому

    Many thanks 🎉🎉🎉 great video. BCB ❤

  • @FrancisOkonkwo-wc6zt
    @FrancisOkonkwo-wc6zt 7 днів тому

    This is great content brother!. This is fire🔥

  • @mokelly1986
    @mokelly1986 5 днів тому

    you my friend are absolutely incredible, you always say narratives or news comes out and right on queue this morning, that has happened, wow!

  • @lelismarde
    @lelismarde 7 днів тому

    absolutely mind blowing!

  • @Allndafamedia
    @Allndafamedia 7 днів тому

    Thank you 🙏🏿

  • @simon307
    @simon307 7 днів тому

    Thanks BCB 👍

  • @lud5495
    @lud5495 7 днів тому

    Veryyy interesting dear BCBACKER. Thank you brother. Have a greaaaatttt weeeekenddddddd buddyyyyy❤❤❤❤❤❤❤❤❤❤❤

  • @MatildaCulty
    @MatildaCulty 7 днів тому

    This is super super informative brother. BCB all the way🔥

  • @davidspears8486
    @davidspears8486 7 днів тому +2

    Btc topping out at about 80k only ….is VERY consistent with 5.3 theory

  • @Kellier1916
    @Kellier1916 6 днів тому

    Yes, more videos like this on risk management please! 🙏

  • @buck_up
    @buck_up 7 днів тому +5

    It's a waiting game for the next little while. Thanks for staying on top of it.

  • @XJT0428
    @XJT0428 7 днів тому +3

    Damn not too confident are we

  • @billybongo7432
    @billybongo7432 7 днів тому +21

    We've already got back down there, have we not?

    • @stevedato4249
      @stevedato4249 7 днів тому +3

      Yes. He's hoping for a back test of that area to confirm the bottom.

    • @champizthename8513
      @champizthename8513 7 днів тому +3

      Nope we haven't seen it yet. There's a 8-10% minimum drop still required on the Total Marketcap of ALTS excluding the top 10 that needs to happen for this drop to be Valid that BCB is referring to

    • @npats9791
      @npats9791 6 днів тому

      The market usually fill the wick when it doesn't do a V correction

    • @mattcullen1049
      @mattcullen1049 6 днів тому

      It will continue to go down for another 2 months

    • @stevehughes3984
      @stevehughes3984 5 днів тому

      @@champizthename8513 some of you guys in the comments,offer fantastic overview for us none trader’s who are just looking to buy low. Sold 90% of my alts ten weeks ago so the alts are looking juicy,but another drop makes getting out near the top,easier.

  • @mygoodnessmate
    @mygoodnessmate 7 днів тому

    Great video.

  • @Goodebags
    @Goodebags 6 днів тому

    Tense times.. thanks for helping our heads through 😂🙏❤

  • @xrpkidotec520
    @xrpkidotec520 7 днів тому +1

    Ahhhh Let's goooooo!!! 🎉

  • @krishiggins2925
    @krishiggins2925 7 днів тому

    @bcbacker - are you 1-2x leveraging these positions or are you buying these positions on spot?

  • @Juznik1389
    @Juznik1389 7 днів тому +2

    I like what you said once before, the BTC halvings aren't really the drivers of the market. It seems to rather be that it correlates more with the rates. I just think we have to wait until Fed changes course. I think we will probably see that in coming months. Most likely imo it will coincide with the war in Ukraine going very bad for the US/NATO. "look here, don't look there"

    • @cryptohedge2375
      @cryptohedge2375 5 днів тому

      Pauses and rate rises are better than cuts. In fact. Cuts tend to make the top (according to Bcb).

  • @Nashcaster
    @Nashcaster 7 днів тому +1

    Wowooo!! Alive in Colorado!!!!🎉🎉🎉🎉🎉

  • @duwaraconsciousnessfoundation
    @duwaraconsciousnessfoundation 7 днів тому +3

    Let's go ! Haven't even watched it but I love the vid already!

  • @moneebhaj-ali3373
    @moneebhaj-ali3373 7 днів тому +8

    Hopefully XRP can break 60c during Alt coin euphoria would be bonkers 🎉🎉🎉🎉❤❤❤

  • @BootlegKoolaid
    @BootlegKoolaid 7 днів тому +1

    BCB!!!!

  • @AnonYT618
    @AnonYT618 7 днів тому

    Hey BCB, thanks for the vid. I understand buy stops. However, how are you setting buy stops on OTHERS (crypto excluding top 10) and triggering them on individual coins?
    Is this more of an alert? So when the alert is hit then you manually enter on individual alts.

  • @holyschnikes007
    @holyschnikes007 7 днів тому +1

    Lets gooooooooooo!!!!

  • @chrismoreno7881
    @chrismoreno7881 7 днів тому +1

    Lets Goooo...

  • @epion33
    @epion33 6 днів тому

    backer what do you think about the Nasdaq and S&P 500 both hitting the 1.618 fib this week? Reallocation into different segments of the market?

  • @Havoc1019
    @Havoc1019 7 днів тому

    Have a good weekend, everyone.

  • @jamesmurray2705
    @jamesmurray2705 7 днів тому

    What is a realistic price tag for ADA in your opinion in case we go into expansion? 1$? 1,20$ Thanks

  • @tothemoonisuppose
    @tothemoonisuppose 7 днів тому +1

    Awesome news! 🎉❤

  • @aw6674
    @aw6674 7 днів тому +4

    Its not uncommon for NEWS TO HAPPEN ON SUNDAYS....

    • @aw6674
      @aw6674 7 днів тому

      ... but well see 🤣

  • @xrp-bits-sj9jx
    @xrp-bits-sj9jx 7 днів тому +12

    (Hits the bottom)...only way to go is UP! Let's go XRP!

  • @damo5791
    @damo5791 7 днів тому +1

    So the bottom is forming but when is alt season due? Can we expect alt season before September?

    • @oldstonedaddy1148
      @oldstonedaddy1148 7 днів тому

      After the elections 🍿🤭

    • @ryanwientzek3755
      @ryanwientzek3755 7 днів тому

      The alt season may not even happen because btc is spiraling down... i feel its a 70 percent chance that alt bottom is not in if btc continues to spiral down.

  • @SkyHighBy
    @SkyHighBy 7 днів тому

    Hey BCB thanks for the video😂 It's hard not having MITM 😢

  • @FroggyMcFroggins
    @FroggyMcFroggins 7 днів тому +1

    Lets goo!

  • @rensvanderhoeven9440
    @rensvanderhoeven9440 6 днів тому

    What are the odds of the Eth ETF actually marking the top?

  • @Foodiesubie
    @Foodiesubie 7 днів тому +3

    Mewn? ❤

  • @ShayneSandersMusic
    @ShayneSandersMusic 7 днів тому +1

    Let’s go BCB!!

  • @mikedosegaming4298
    @mikedosegaming4298 7 днів тому

    BCB, the only crypto UA-camr I trust. Thanks BCB

  • @ryanwientzek3755
    @ryanwientzek3755 7 днів тому

    It's unfortunate i didnt again sell at retracement levels.. as I banked on there being a an altcoin surge beyond the .702. Stupid mistake.. in my opinion it doesn't look like it will get beyond that... We do have hopes that rate cuts would send the dow higher and thus btc hopefully but if we have a bottom here and btc just continues in this spiral... Wouldnt this definitely not be the alt coin bottom? And from my analsys of this information it looks like btc expansion and ergo altcoin explosion is not going to happen... So really how can this be the altcoin bottom.. I feel 70 percent chance that it is not -- anyone wanna chime in - sorry I am not being negative - I welcome any discussion.

  • @RyanLimZW
    @RyanLimZW 5 днів тому

    What platform is the bcb using?

  • @jaye2320
    @jaye2320 7 днів тому

    What about PUTs for Microsoft and Apple??

    • @jaye2320
      @jaye2320 7 днів тому

      Have they expired? Did you make?

  • @futureluckk5341
    @futureluckk5341 7 днів тому

    Looking at the long term trend I do not see anything crazy happening till the election. Take this opportunity to accumulate alittle more while you can and buy the dip

  • @bwrmisterx
    @bwrmisterx 7 днів тому +1

    Lets goooo🎉

  • @user-je7lc1lx9b
    @user-je7lc1lx9b 7 днів тому +1

    Lets go

  • @jgee1888
    @jgee1888 7 днів тому +2

    Let's Geaux !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • @timgleason2910
    @timgleason2910 5 днів тому

    Here’s the flush.. lol😂 nice

  • @Digikuma
    @Digikuma 7 днів тому +4

    BTC looks like wykoff Re accumulation

    • @futureluckk5341
      @futureluckk5341 7 днів тому

      Exactly people are being very cautious with the election around the corner. Not just crypto but all markets look similar rn

  • @vn6009
    @vn6009 5 днів тому

    Final drop has been played out. Time to yolo xD

  • @ZeroFuxBE
    @ZeroFuxBE 7 днів тому

    RSI on the montly looks gross :s

  • @aw6674
    @aw6674 7 днів тому +1

    Cheers! 😂

  • @MatildaCulty
    @MatildaCulty 7 днів тому

    hello

  • @francoalvau8721
    @francoalvau8721 7 днів тому

    So this may be the time Alts finally outperform BTC In a 2017 fashion?!

  • @Texas_Takeover
    @Texas_Takeover 7 днів тому +11

  • @Stash777
    @Stash777 7 днів тому +3

    Last 🥴

  • @moggyxrp
    @moggyxrp 7 днів тому +1

    🎉

  • @Digikuma
    @Digikuma 7 днів тому +2

    Heyyyyy

  • @antoniocarpenter9646
    @antoniocarpenter9646 4 дні тому

    Where are you BCB?

  • @Stash777
    @Stash777 7 днів тому +1

    Last

  • @CardboardRyan
    @CardboardRyan 7 днів тому +4

    Just keep tweeting those updates boss when something happens.

  • @CherokeeT17
    @CherokeeT17 7 днів тому +1

    👍👍

  • @CB-rp8sh
    @CB-rp8sh 7 днів тому

    Thumb it 👀

  • @kristiantaverne7498
    @kristiantaverne7498 7 днів тому

    OTHERS is going to 180b
    Down we go. Then we go up
    Edit: why? Liquidity is sitting there...

  • @Zackkrupp
    @Zackkrupp 7 днів тому

    The only tough part about calling the bottom is it leaves no room for black swan. We still haven’t had one has to come eventually.

    • @stevehughes3984
      @stevehughes3984 5 днів тому

      I agree and we might just have to suffer that one. I’m going all in with the mindset of taking profits quickly to buy a big dip

  • @clevertrevcrypto9676
    @clevertrevcrypto9676 4 дні тому

    A new video update?

  • @arthurdevrome8925
    @arthurdevrome8925 7 днів тому +1

    First second or so 👍👍👍❤❤❤

  • @itsmejeremy7
    @itsmejeremy7 7 днів тому +59

    So you basically think we’re done for years then? Almost no more upside and all downside, am I understanding your view of the markets correctly?

    • @MEjewelsCo
      @MEjewelsCo 7 днів тому +9

      Rewatch it. You fell asleep

    • @stevedato4249
      @stevedato4249 7 днів тому +6

      For Bitcoin yes. For Altcoins, bigger push up first, maybe, then all downside for a while.

    • @michaelangelos5117
      @michaelangelos5117 7 днів тому +7

      My interpretation of his viewpoint is that BTC is going to somewhat run out of gas and other coins take over. Over time.
      I'm a mathematician and I remember when Bitcoin was $3 and I was looking at the numbers and I thought it could very easily go to $1 million.
      This was before all the other coins, though.
      Now I'm looking at the market and I'm thinking BTC is running out of gas, and we're going to see a huge altcoin explosion.

    • @bencos1771
      @bencos1771 7 днів тому

      Clearly not

    • @MartinTBurnham
      @MartinTBurnham 7 днів тому

      Deaf

  • @donalddemerson4616
    @donalddemerson4616 7 днів тому +1

    First one in

  • @laxman_jr9613
    @laxman_jr9613 7 днів тому +1

    1

  • @Cryptobullrider928
    @Cryptobullrider928 7 днів тому

    Dxy close to 1.06??? Hmmmm

  • @muffchomp635
    @muffchomp635 7 днів тому

    Dude

  • @youngmkstaxupclan1437
    @youngmkstaxupclan1437 7 днів тому +2

    First 🙌🏼😌

  • @Dan-lb6ck
    @Dan-lb6ck 7 днів тому

    I am all out of the market its bear market

  • @gorydays28
    @gorydays28 5 днів тому

    Hold me fellas

  • @michaelgrice1670
    @michaelgrice1670 7 днів тому

    Wen mun?

  • @BloodOathFamilyForever
    @BloodOathFamilyForever 7 днів тому +2

    First

  • @freedomonline4988
    @freedomonline4988 7 днів тому

    $61k bitcoin could be the bottom

  • @vasilikipanouts8958
    @vasilikipanouts8958 7 днів тому +2

    What??? No first comments yet?

  • @sunshinesingh8094
    @sunshinesingh8094 7 днів тому +1

    C🎉❤🎉❤🎉🎉❤

  • @mackk6494
    @mackk6494 7 днів тому +1

    First?

    • @mackk6494
      @mackk6494 7 днів тому

      I was really hoping to hear from you about today’s price action. Thanks for all the amazing content BCB 🙏🏼

  • @XRPDegen
    @XRPDegen 7 днів тому +2

    🥬🐐!
    🚀♥️