DECISION LEVEL as Altcoin Market Reaches .702 Retrace, Bitcoin vs 2020 and the Breakout Zone

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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.

[@BCBacker]

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.

[@jduejfjffjffj]

The cycle is low to low not high to high

[@MarketsMike]

BCB this one was a doozy. I've been feeling a bit lost recently. I got a shed load of clarity after watching this, similar to a moment of clarity I got from you around October last year before the mad pump started (a moment of clarity which allowed me to very successfully trade that pump, partly thanks to you). In BCB we trust!

[@casey.j2480]

Markets in the morning and a video! Thanks BCB beautiful surprise 🎉

[@scottthelen3280]

Thanks for the update, Godfather!

[@johnfx7506]

Awesome analysis and perspectives BCB. As always presenting data without opinion. Excellent work. Thank you

[@058speeddemon]

Much love people!❤

[@userhighlight7736]

Welcome back BCB

[@simon307]

Thanks BCB 👍

[@angelb2861]

Thanks BCB Great video

[@ninjar6668]

Xrp?

[@jbestradaperspective]

I think it’s going to be ok we just have a few more dips to go!

[@lud5495]

THANK YOU MY DEAR FRIEND❤❤❤❤❤❤❤❤❤❤ APPRECIATE YOUUUUUU

[@Simi1984]

Thanks!

[@daner3681]

Amazing analysis. Thank you. Was feeling lost in universe without daily dose of BCB ta analysis.

[@gjclinch]

Thanks BCB, as always! See ya soon on Markets in the Morning!

[@user-wl5mc6lj6o]

Great video.

[@Moonbase-jh6wn]

Good to have you back on UT brother 👍

[@dereksanderson8413]

We can say the Halving doesn't matter..... However, cutting supply in half means something. Imagine if they did it with the dollar and stopped printing.

[@thefitoi]

The halving doesn't cut the supply in half. It cuts the amount of new bitcoin generated in half

[@trn8061]

When in history has it mattered and directly impacted btc???

[@ricktbdgc]

I feel like cutting supply in half with fixed or increasing demand means higher price.

[@eman7282]

You could argue it does make a difference, but the narrative paints a massive influential magnitude when the reality is it’s probably marginal

[@daviddutra8629]

Seems no one is taking into account the in-flows from the new BTC ETFs - why?

[@darkpoggo]

It's been a while... good to see a new video from you BCB

[@wulfmaster]

Legend.

[@MM-ex4gg]

Seems like everybody is bullish - which means the fun is probably about to end. Doesn't feel like we have much time left, and the best we can hope for is a very fast rotation of alt and btc money into XRP for a pump. Most people expecting $10-$20, I don't think there's anywhere near enough money in the system to get there. I don't even see the 4.236 getting close....Sad

[@miamivlad]

Over a year left in the four year cycle for BTC. Plenty of time left 😉. I expect a violent correction, recovery, and then moon.

[@r.a.5101]

Not enough money in the system? 😂 Are you for real ? There's hundreds of trillions of dollars. BTC surpassed 1 trillion. What are you on about?

[@Saviorcomplexion]

The altcoin pump is always at the end.

[@honeyholly001]

You don't need money in the system, you just need there to be more buyers than willing sellers and price goes up.

[@ramb0nat0r]

Last time after february correction in 2021 the altcoins had its major altseason. Mai was only for few parabolic and later that year was mostly a reatrace except of few things as solana shib and so on. So i think after this bitcoin correction we will have the most exiting time for most alts.

[@jowjowbee5890]

thanks, as always!!

[@daneOcawdor]

Isn't this just another way of saying "the altcoin market has risen with BTC rather than lagging?" Not in a belligerent way, I just struggle hearing that observation alongside a reading which prioritises the old trend, e.g. alts delayed.

[@cameronplunkett4304]

Just in time for lunch break, thanks BCB missed ya man 💯

[@trenthm]

Great video! Well done and thank you

[@connectedtosource4338]

Hi @BCBacker, can you give us an update with XRP regarding where we are in the Contracting Triangle final E Wave? Given we are in the final Wave E, does it look to you like we are half way through wave C of the ABCDE structure. Any thoughts in next video would be much appreciated!! Thanks as always for your analysis!!

[@brettanthonisz3400]

Love your work mate

[@chasewilcox4192]

My BCB is back ❤

[@alaricgoldkuhl155]

The waiting is getting so painful! Thanks BCB for helping us all keep the faith. You truly do got our backs.🙏

[@rhizo1608]

Max pain before ecstasy 🚀

[@CrossFit-Carnivore]

Did u post your presentation/ppt slides anywhere? Ty! Been watching ur content for years.

[@mtsdivine]

These are growing markets. Nothing unusual is happening. This cycle could easily be like past cycles but on steroids.

[@himanshuchoudhary2189]

Nice analysis backer

[@biki515]

Thanks

[@unbekannternr.1579]

Thx for a different view

[@JohnPaulBellomo]

Welcome back home.

[@CUELLOBLANCOMUSIC]

BCB💪🏽

[@4frmhat]

I follow BB because he got me out of the crypto at BTC 68k. Always be thankful. If we are at nail-biting tie, what does this mean for XRP? Will itget over a dollar or is it more of a 12, 18, 24 month thing?

[@masta_o]

Thank God for Blockathan C. Backerson 🙏🏽

[@LamchopXRP]

🎉🎉🎉

[@jamesmurray2705]

with regard to your Glassnode chart around minute 15, it looks like the number of wallets holding 10 or more BTC declined from roughly speaking 155k to 145k during last cycles' peaks!? That number by itself doesn't seem to be too significant!? Could you perhaps overlay it with the number of wallets holding only bigger numbers of BTC!? Maybe 50, 100 and 1000!?

[@crackerB7]

👍🏻

[@BishopJCH]

So the bottom line question, given all the contradictions in several markets (gold, Dxy, bonds, Russel, Dow, BTC) is whether the future will reflect/respect patterns or price levels? If pattern, we are closer to the end of the bull run (Feb '21) or with respect to price level (Fall '2020) ,

[@mohamedAli-kj6fb]

We could be at 2019 high with the way btc dominance is behaving, I certainly hope so.

[@willlinke2849]

Does the lack of stock market expansion have anything to do with the pauses of the fed?

[@MEjewelsCo]

Good show

[@frenk3754]

❤❤❤

[@Bily55-ko2se]

first Love the content

[@laki_luke]

This is so, so, so, so good. Thank you, all the best

[@cryptodracula9985]

genius

[@adamkhan5274]

Been a while lol

[@Whoo_Whoop]

Pregaming on todays MITM with the video 😎

[@barbarajanuszewicz4484]

Bcb how are we doing with BTC dominance?

[@oscarhernandez0120]

[@CB-rp8sh]

☝🏽 This guy gets it 🧠

[@brandonhammond2437]

Send it

[@xrpmoonboy]

This guy does too ☝️

[@ryanrendon4126]

Oscar Hernandez... Who is this legend?

[@jbestradaperspective]

I finally figured it out Osar is holding the switch back.

[@jamiekerr7469]

Man What an absolute pleasure to meet this man at the Gold Coast Wave Of Innovation XRP conference held last weekend.. Only if you had a few hours to be on stage to really show off your technical analysis skills..Thankyou

[@vovalles1]

just wait for the top signals

[@benterrana2588]

Which coins will moon in three days? 🤣

[@ronxrpwin9927]

Good morning

[@twistnshout3031]

I don't understand how the numbers are different from the same market on different platforms. Crazy to me they're not all on the same page

[@4frmhat]

Based on this video, and maybe that is what you have been saying, this bull run only has a few months. If that is true, the BTC EFT couldn't have picked a worse time to get approved.

[@JEFF-1982]

🐐

[@slicelifetv]

LFG

[@user-xx6fv4tu2q]

So how long the bullrun will go? When there will be an altcoin bullrun? When XRP will moon? What will be the top?

[@MEjewelsCo]

Xrp will moon the day you sell

[@Jacob-fr8le]

Hang on dude, I'll just get Nan to pull out her crystal ball and give you some answers.

[@holyschnikes007]

Well well well 😃

[@jamesneuworth7859]

Cmon……..! LFG!!!

[@jgee1888]

Let’s Geaux !!!!!!!!!!!!!!!!!!!!!!!!

[@GeorgeLista]

Fingers crossed? 😅

[@MattiB]

HEYYYY!!

[@Xrpg23]

63rd 😂

[@jbestradaperspective]

SO XRP is going to be ok right?? lol

[@jw8927]

1ST ONE!

[@gavinbrooks2178]

Bcb said “lense” 589 times !!! Flick the switch. Xrp pump already !!

[@Etsgoo]

Etsgo

[@ambrozykleks5291]

❤

[@arimodugno2348]

So halving is 24 days away lFg😂

[@bcortez7]

4th

[@ronanmcloughlin8894]

First

[@andershaggbom2721]

🤟

[@Texas_Takeover]

L F G

[@yeldarb8797]

Ayooooo

[@colinhughes2045]

Haaaaaay

[@ryry5249]

Everything bubble. Real estate top 2026

[@wallybruce1278]

Good morning

[@markyparky2980]

❤❤❤

[@courtneysmithtriathlon]

[@Bigpressure23]

First

[@td42dirtygq]

[@xrpraptor6143]

[@xcal99999]

[@Foodiesubie]

[@beatsandstuff]

[@gnj5256]

[@Beerleaguetendy]

[@reportevents]

[@PunchClock]