ENORMOUS NEWS EVENT ARRIVES! BITCOIN BLOCK HALVING DAY! The Ripple XRP Price Chart Dips PERFECTLY!

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IT’S THE DAY! The Bitcoin Block Reward Halving Day! In this video we discuss what is the Bitcoin block halving and how it will affect the price moving forward. Many people think that the supply of Bitcoin will be cut in half after the Bitcoin halvening event, however, that is not the case. The total number of Bitcoins that are mined per block will be cut in half, reducing the selling pressure by miners to half of what it has been for the last 4-years.

This is truly a big event we have all been waiting for, any today it is finally here.

We also discuss the total altcoin market cap chart and the Ripple XRP chart to show what we are looking for moving forward. We got the perfect pullback in the XRP price this weekend to $0.18, which is the exact target we were hoping for.

Time will tell how it plays moving forward, but so far, so good!

Hi, I am the Blockchain Backer, bringing you the latest crytocurrency 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.

To support my channel and become a Backer, Hodler, or Whale here on YouTube, here is the link: https://www.youtube.com/channel/UCia6oYbLKo8fLOguATpACmA/join

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.
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