Analysis

[snowdropfore]

Уpoвeнь $3500-$4000 пpoбит ввepx, пpoтecтиpoвaн и зaкpeплeн. Taким oбpaзoм, этo плaцдapм, кyдa в cлyчae чeгo бyдeм пaдaть.

Кaк я yжe гoвopил, oт тeкyщeгo ypoвня дo гдe-тo $16000 нe вижy coпpoтивлeний нa нeдeльнoй лoгapифмe. И пятизнaчныx чиceл цeнa мoжeт дocтичь дoвoльнo быcтpo, зa 2-4 нeдeльныx cвeчи. Пpocтo дoлгo тyт нa 4000 тoптaлиcь и зaкpeплялиcь.



could somebody help ??just translate the russian into english ,so that many of us can know what does it mean .thank you . follow his post
 everyday ,just afraid to miss  important thing.

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[birr]

Уpoвeнь $3500-$4000 пpoбит ввepx, пpoтecтиpoвaн и зaкpeплeн. Taким oбpaзoм, этo плaцдapм, кyдa в cлyчae чeгo бyдeм пaдaть.

Кaк я yжe гoвopил, oт тeкyщeгo ypoвня дo гдe-тo $16000 нe вижy coпpoтивлeний нa нeдeльнoй лoгapифмe. И пятизнaчныx чиceл цeнa мoжeт дocтичь дoвoльнo быcтpo, зa 2-4 нeдeльныx cвeчи. Пpocтo дoлгo тyт нa 4000 тoптaлиcь и зaкpeплялиcь.



could somebody help ??just translate the russian into english ,so that many of us can know what does it mean .thank you . follow his post
 everyday ,just afraid to miss  important thing.

Google Translate:
The level of $ 3500- $ 4000 is punched up, tested and fixed. Thus, this is a foothold, where in case of what we will fall.

As I said, from the current level to somewhere around $ 16,000, I do not see any resistance on the weekly logarithm. And the five-figure numbers can reach the price quite quickly, for 2-4 week candles. Just a long time here at 4000 were stamped and fixed.

[neilol-real]

Any native speakers do one better? Wondering about the last clause of the last sentence.

[birr]

Any native speakers do one better? Wondering about the last clause of the last sentence.

Not native, nor have I ever studied Russian.  I did spend a few weeks in Ukraine last year.
зaкpeплeн seems to be an adjective, зaкpeплялиcь a verb, from the same root.
When you put тoптaлиcь in the translator by itself, it comes out "trampled".  Google translate renders it as "stamped" when pasted in the whole sentence.
The first sentence of his post, masterluc appears to be saying that 3500-4000 is well established support.
The last sentence is less clear.  Perhaps he is saying that we might be seeing a period of consolidation at 4000, or maybe he is just reiterating what he said in the first sentence about having strong support at that price.  In the end, maybe it doesn't make much difference.  The idea that the exchange rate is unlikely to decline is reassuring enough that I'm not going to get exercised if we trade sideways for a long while.  It means we're just consolidating the gains.

[exstasie]

Any native speakers do one better? Wondering about the last clause of the last sentence.

I'm waiting for my Ukrainian friend to get back to me. I read it to mean that a longer (time-wise) consolidation in this $4,000 area is possible.

Luc isn't saying we go straight to 15k. He is saying that we are going there. We can take our sweet ass time. But we aren't entering a multi year bear market anytime soon.

I think most of us can agree that we are going there. The question for all of us, as traders, is when.

At this point, he is not giving any precise predictions, correct? My reading of that last post is that we can possibly fall as low as the $3,500 area if the bulls do not continue to make new highs in the short term, and that a longer consolidation in this overall range is possible.

I miss his old EW and standard deviation analyses, but understandably, predicting at this stage in the cycle (supposed historic Wave 3) would be difficult.

[snowdropfore]

i  believe $15000 is very possible ,and we will get there not very soon, maybe a lot of pumps and dumps ,but anyway , it is a longterm investment, maybe oneday we do not need to sell bitcoin anymore ,it can use everywhere just like dollars.

[JayJuanGee]

i  believe $15000 is very possible ,and we will get there not very soon, maybe a lot of pumps and dumps ,but anyway , it is a longterm investment, maybe oneday we do not need to sell bitcoin anymore ,it can use everywhere just like dollars.

At this point, in order to reach $15k, we have to break above resistance in the $5400 to $6400 arena, which might not be too difficult, and we would have to break above resistance in the $8500 to $12500 arena, which would be a bit more difficult, but not impossible.... so $15k is possible in this price run and in this calendar year or soon thereafter.  I would say less than a 20% chance within the upcoming year, and probably less than a 15% chance this calendar year.

Of course, if prices break above the price points that I just mentioned, then the odds of reaching $15k become better, and if any price correction is larger or sustained, then the odds of reaching $15k in this price run up become lower.

[2double0]

i  believe $15000 is very possible ,and we will get there not very soon, maybe a lot of pumps and dumps ,but anyway , it is a longterm investment, maybe oneday we do not need to sell bitcoin anymore ,it can use everywhere just like dollars.

The person behind this prediction, i.e.; masterluc is known for his predictions since the 2013 gain and drop in price and I believe there's nothing wrong in believing because it was optimistic people's belief only which took Bitcoins to survive and succeed and nothing can succeed without hope. Bitcoin has always proved to be the most awful yet best method to earn money over your money by investing it into money itself.

[JayJuanGee]

i  believe $15000 is very possible ,and we will get there not very soon, maybe a lot of pumps and dumps ,but anyway , it is a longterm investment, maybe oneday we do not need to sell bitcoin anymore ,it can use everywhere just like dollars.

The person behind this prediction, i.e.; masterluc is known for his predictions since the 2013 gain and drop in price and I believe there's nothing wrong in believing because it was optimistic people's belief only which took Bitcoins to survive and succeed and nothing can succeed without hope. Bitcoin has always proved to be the most awful yet best method to earn money over your money by investing it into money itself.

There is no reason to deify anyone or their predictions, and we are not coming to these kinds of predictions based on hope.

There is a kind of logic that goes along with any market that has adoption curves, price pressure points, networking effects which results in probable outcomes - including periods of exponential growth.

Whether the dynamics and fundamentals of the asset (bitcoin in this case) or the market momentum are strong enough to bring the price 2x, or 5x or 15x or 25x might be difficult to determine with any kind of precision.  Sure, it is not a bad idea to have a specific price target, such as $15k, but it is probably safer to predict in terms of a likely range - and maybe $15k happens to be in the middle of that range - such as predicting the top of this particular price run up to be between $14k and $16k, because no one can know with any certainty, and if they happen to get the number exactly correct, then that is likely more a product of luck rather than their having any kind of clairvoyance on that particular topic.

[bigjee]

and https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

This 

I love that

You mean I have to wait a whole 2 years.....possibly 2.5 years for this to reach $40k-$100k??

Dear dear.

Fuck this, I'm out.

Dont let the door hit you on the way out.....

[shezu007]

Уpoвeнь $3500-$4000 пpoбит ввepx, пpoтecтиpoвaн и зaкpeплeн. Taким oбpaзoм, этo плaцдapм, кyдa в cлyчae чeгo бyдeм пaдaть.

Кaк я yжe гoвopил, oт тeкyщeгo ypoвня дo гдe-тo $16000 нe вижy coпpoтивлeний нa нeдeльнoй лoгapифмe. И пятизнaчныx чиceл цeнa мoжeт дocтичь дoвoльнo быcтpo, зa 2-4 нeдeльныx cвeчи. Пpocтo дoлгo тyт нa 4000 тoптaлиcь и зaкpeплялиcь.



could somebody help ??just translate the russian into english ,so that many of us can know what does it mean .thank you . follow his post
 everyday ,just afraid to miss  important thing.

Google Translate:
The level of $ 3500- $ 4000 is punched up, tested and fixed. Thus, this is a foothold, where in case of what we will fall.

As I said, from the current level to somewhere around $ 16,000, I do not see any resistance on the weekly logarithm. And the five-figure numbers can reach the price quite quickly, for 2-4 week candles. Just a long time here at 4000 were stamped and fixed.

The level between coming weeks it will reach to 5000USD because look at the currencies specially crpyto currencies which have market a history around the world it has reduced unemployement while it has reduce poverty too. So i would like to say that we should believe bitcoin it will reach to 5000 USD in coming weeks.

[RyNinDaCleM]

Уpoвeнь $3500-$4000 пpoбит ввepx, пpoтecтиpoвaн и зaкpeплeн. Taким oбpaзoм, этo плaцдapм, кyдa в cлyчae чeгo бyдeм пaдaть.

Кaк я yжe гoвopил, oт тeкyщeгo ypoвня дo гдe-тo $16000 нe вижy coпpoтивлeний нa нeдeльнoй лoгapифмe. И пятизнaчныx чиceл цeнa мoжeт дocтичь дoвoльнo быcтpo, зa 2-4 нeдeльныx cвeчи. Пpocтo дoлгo тyт нa 4000 тoптaлиcь и зaкpeплялиcь.



could somebody help ??just translate the russian into english ,so that many of us can know what does it mean .thank you . follow his post
 everyday ,just afraid to miss  important thing.

Google Translate:
The level of $ 3500- $ 4000 is punched up, tested and fixed. Thus, this is a foothold, where in case of what we will fall.

As I said, from the current level to somewhere around $ 16,000, I do not see any resistance on the weekly logarithm. And the five-figure numbers can reach the price quite quickly, for 2-4 week candles. Just a long time here at 4000 were stamped and fixed.

The level between coming weeks it will reach to 5000USD because look at the currencies specially crpyto currencies which have market a history around the world it has reduced unemployement while it has reduce poverty too. So i would like to say that we should believe bitcoin it will reach to 5000 USD in coming weeks.

It didn't reduce unemployment, it probably made people quit their jobs because get rich quick. And I assure you poverty levels have not changed. Do you think the wealth is created out of thin air? Someone has to lose for someone else to profit, and it more than likely is the guy who put his minuscule life savings into the riskiest assets on Earth (crypto).

[DieJohnny]

$15k Bitcoin is only 3.5X from where we are today, it is a complete forgone conclusion that BTC will hit $15k without a 50% pullback, it is written in stone. It is going to happen easily.

3.5X Bitcoin also puts the price at 1/4 AAPL stock valuation, a paltry and pathetic valuation. Ask yourself which will have a larger impact on the planet Earth, AAPL Corp. or Bitcoin? Anyone that has a clue knows that Bitcoin is becoming the world's store of value, AAPL one day will be a fragmented dream torn apart by anti-trust and corruption.

What does stop a growing exponentially $200 Billion dollar bitcoin train?

As the valuation grows the more it becomes the store of value everyone is seeking. It is the ultimate self-fulfilling prophecy. Bitcoin will hit $1 trillion before it has any serious pause, then back down to $500 billion before launching itself into the permanent history of the entire planet. Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

[explorer]

$15k Bitcoin is only 3.5X from where we are today, it is a complete forgone conclusion that BTC will hit $15k without a 50% pullback, it is written in stone. It is going to happen easily.

Before next summer, I suspect.

[Wekkel]

Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

My biggest challenge 

[jeezy]

Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

There is nothing wrong with diversifying your crypto portfolio. Stop generalizing legitimate inventions and p&d/shitcoins. But you are correct that the majority of your portfolio should be in BTC (70%)

[Denker]

$15k Bitcoin is only 3.5X from where we are today, it is a complete forgone conclusion that BTC will hit $15k without a 50% pullback, it is written in stone. It is going to happen easily.

3.5X Bitcoin also puts the price at 1/4 AAPL stock valuation, a paltry and pathetic valuation. Ask yourself which will have a larger impact on the planet Earth, AAPL Corp. or Bitcoin? Anyone that has a clue knows that Bitcoin is becoming the world's store of value, AAPL one day will be a fragmented dream torn apart by anti-trust and corruption.

What does stop a growing exponentially $200 Billion dollar bitcoin train?

As the valuation grows the more it becomes the store of value everyone is seeking. It is the ultimate self-fulfilling prophecy. Bitcoin will hit $1 trillion before it has any serious pause, then back down to $500 billion before launching itself into the permanent history of the entire planet. Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

This is where human greed and impatience comes into play!
Many people will have sold probably some significant portion of their BTC stash when it hits 15k, 20k, 25k, 50k and 100k. They will want to have their cars, new designer clothes, and just show off. Living a life only the rich, they see in TV, can live, even if it's just for a short amount of time. Many people can't stay humble with some money below the pillow, trying not to make any noise buy suddenly showing what they have is pretty hard for them. Imo that's pretty dumb when you really know what highs Bitcoin could reach in the midterm future, meaning a timeframe of 10 years.

[Denker]

Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

There is nothing wrong with diversifying your crypto portfolio. Stop generalizing legitimate inventions and p&d/shitcoins. But you are correct that the majority of your portfolio should be in BTC (70%)

99% of shitcoins are straight up scams! And 98% of highly centralized! Do you know how easy it would be for governments to crack them down in a second, or to corrupt and control them??!!!
So diversifying in scams who are easy targets for the incumbents would be extremely dumb!
Trade shitcoins to make more cash or more BTC and you should be fine!!!

[Mallyx]

Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

There is nothing wrong with diversifying your crypto portfolio. Stop generalizing legitimate inventions and p&d/shitcoins. But you are correct that the majority of your portfolio should be in BTC (70%)

99% of shitcoins are straight up scams! And 98% of highly centralized! Do you know how easy it would be for governments to crack them down in a second, or to corrupt and control them??!!!
So diversifying in scams who are easy targets for the incumbents would be extremely dumb!
Trade shitcoins to make more cash or more BTC and you should be fine!!!

You have 4 ways to get more BTC (or lose your BTC):

• Buy with cash
• Play the BTC/Fiat market
• Play the BTC/Altcoin market
• Play your BTC on a casino

I don't see what's your issue with the portfolio diversification.
But peoples must be ready, if BTC really rocket to 10-15k soon, nobody know how will react the altcoin markets.

[Denker]

Yes Bitcoin will be worth so much that every single person on this thread will be wealthy if only they can hold long enough. My guess is half of you will lose your chance chasing alt-coin wet dreams or buying a sports car with your precious BTC.

There is nothing wrong with diversifying your crypto portfolio. Stop generalizing legitimate inventions and p&d/shitcoins. But you are correct that the majority of your portfolio should be in BTC (70%)

99% of shitcoins are straight up scams! And 98% of highly centralized! Do you know how easy it would be for governments to crack them down in a second, or to corrupt and control them??!!!
So diversifying in scams who are easy targets for the incumbents would be extremely dumb!
Trade shitcoins to make more cash or more BTC and you should be fine!!!

You have 4 ways to get more BTC (or lose your BTC):

• Buy with cash
• Play the BTC/Fiat market
• Play the BTC/Altcoin market
• Play your BTC on a casino

I don't see what's your issue with the portfolio diversification.
But peoples must be ready, if BTC really rocket to 10-15k soon, nobody know how will react the altcoin markets.

I explained why shouldn't diverse into altcoins for long term! They can be cracked down easily as they generally are centralized. Example? You wanna take down Ethereum? Just get rid off Vitalik and you're done! Without Vitalik Ethereum is nothing! Kill him, put him in jail, let him disappear. Very simple. Ethereum would collapse in a matter of seconds! With 98% of other altcoins it's the same. Or you threaten the heads of those alts to implement any shit that would destroy any privacy and financial freedom. Easy to do with mostly all of them!
With Bitcoin this is mostly impossible. Even if they put all the guys from Blockstream in jail. Bitcoin is having over a thousands devs worldwide, many of them unknown. Bitcoin Core 0.15 has more than 120+ contributors!! You can not crack down Bitcoin so easy anymore. And you would have to do it in a smart way. From outside it's almost impossible right now. That's why they try from the inside. And still they fail and Bitcoin is getting stronger and stronger after each attack.
This is what you have to understand. And then you wouldn't diverse into 99% of the alts!
Litecoin, Monero may be options. But that's mostly it.