Way back in late march I expected #xrp to pump into a dump, I think #xrp is putting in the last leg down now, it's been my primary for many months.
Lower highs into compression lead to expansion. ✅️
We are now in macro oversold conditions for $xrp as we begin to form the bottom process.
If you are paying attention #xrp typically does something off a confirmed bottom with the crypto breadth confirmation. ⏳️
STAY TUNED
Bitcoin on the other hand, took the year off (or at least the past few months). It is following the internet S-curve a lot closer now than the power law curve.
It’s interesting that a lot of Bitcoin folks are proclaiming that the four year cycle is dead and a new structural up wave is at hand. I’m skeptical, not about the waning power of the halving cycle (with which I agree), but the idea that bear markets are no longer going to happen. For now, the line in the sand for Bitcoin is $65k (previous high), and below that $45k. The latter is the power law trendline. That’s still far away but if Bitcoin consolidates for the next year, that trendline could get closer to $65k and could become a do-or-die line in the sand for Bitcoin. But that may (or may not) be a story for another day (or year).
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@BCBacker Sorry Total BS lol Video is SOS-DD negates year's long pitch on; 4.236 extensions on multiple charts & assets, AltSeason, retail traders & more, some of your analysis is sound but really after 5 years of watching you its all shameless rhetoric now, You change with the wind.
@itshappenings@BCBacker He saved nobody, he sold first then told the community after it LOL do your research watch the order of events in the videos he put out on YT...
@bootyshakin1@BCBacker He never called it, UNTIL AFTER IT HAPPEND... LOL do your research watch the videos... He took credit for calling it after it happened and didnt tell the community until after he sold too...
@BCBacker Pretty Lame you are back to referring to the 4.236 ext like you did for 9 to 10 months on half a dozen other charts in nearly 90% of your Videos, still no apology to all the followers about misguiding them with 4.236 moon shot info... Very disheartening after 5 yrs.
@XRP_Bart@BCBacker Shame on you BCB, YOU NEVER ONCE BROUGHT UP BEARISH DIVERGENCES IN SEPTEMBER, NOT ONCE, YOUR CREDIBILITY IS LOST ABOUT 90% OF WHAT IT USED TO BE, SHAME ON YOU, SELLING BEAR MARKET T/A CHARTING NOW... I have screen prints from over a year of videos from U no mention of these...