Analysis

[rjclarke2000]

Any update from masterluc?

"masterluc" now only posts at TradingView and vk.com under new aliases.

I think most of us know this already and I'd assume podyx does too. The way I read this was more like..


Has Masterluc posted anymore price predictions or charts on any other forums that someone could post a link to please?

[1715431063]

1715431063

[1715431063]

1715431063

[STT]

Not sure what happened to Kraken, is that a technical bug in their graph maybe.   Present price is a retest of support, this is true for CNY and probably also the dollar exchanges.   5810 is the dollar upper support range to hold I think [to remain bullish].

I drew in a downward channel, upper band 5900 and lower 5700 just to mark progress of this current short term trend.  Right this moment, watch resistance approaching 5,700 is my guess

[snowdropfore]

master luc give a update ,i cann't read in russian,so someboby help to translate the russian to english .many thank. $20000 ,wow ,that is awesome

[flyer88]

Here's the trend. After the bear trap, it took off. As I wrote, there is no evidence of resistance up to 20k. As I wrote, the price can get to these hai very quickly.

But when it crashes, then we'll talk seriously.

https://vk.com/bitcoin_vanga?w=wall-130254204_3375

[RoadTrain]

One more citation

This prediction is obsolete. I wrote that the peak would be a lot higher than $9k. On log trend it's somewhere between $15k-$25k.

After a subsequent correction I expect six-figures.

[marcus_of_augustus]

https://vk.com/bitcoin_vanga?w=wall-130254204_3375

[prophetx]

Is this moon? 

[btc4lifer]

Is this moon? 

moon is easily 10x away. probably more 

[Millionero]

Is this moon? 

This is gentlemen 

[molecular]

Is this moon? 

"6 figures", "140,000 USD/BTC".

If that isn't moon then I don't know what people wish for, really :-Q

300,000 USD/BTC is when I start to worry. That's about the current "market cap" of gold.

[BitcoinNewsMagazine]

Using log scale daily Bitstamp chart here is price action this year with a good fitting Andrews' Pitchfork drawn:



At some point, maybe coinciding with the fork drama later this month we could have a deep correction from the top channel of the pitchfork to bottom channel, e.g. from about $8,500 to sub $5000. Recovery could be fast with new highs greater than $10,000 by year end.

As long as the bull market remains intact we can project the pitchfork out into next year:



A lot can happen in half a year but if the trend stays in force we could see $32,000 give or take by August. Breaking the bottom channel lowest trendline is significant and could signal a change in trend.

[Trela]

Is this moon?  

"6 figures", "140,000 USD/BTC".

If that isn't moon then I don't know what people wish for, really :-Q

300,000 USD/BTC is when I start to worry. That's about the current "market cap" of gold.

John McAfee has said Bitcoin is not a bubble, he is sure the price of Bitcoin will be more than $500,000 in next three years. I think your moon still less than his moon price. I'm a greedy person, maybe 1 million dollars can be moon price of Bitcoin

[Millionero]

Bitcoin Vanga sees $9588 as the top for this rally.

[Bimmerhead]

Bitcoin Vanga sees $9588 as the top for this rally.

Where do you get that from? Because I think we saw that he revised that upwards.

[birr]

Bitcoin Vanga sees $9588 as the top for this rally.

Where do you get that from? Because I think we saw that he revised that upwards.

What's the new number?

[Gab0]

Bitcoin Vanga sees $9588 as the top for this rally.

Where do you get that from? Because I think we saw that he revised that upwards.

What's the new number?

It was already posted in this thread, here:

One more citation

This prediction is obsolete. I wrote that the peak would be a lot higher than $9k. On log trend it's somewhere between $15k-$25k.

After a subsequent correction I expect six-figures.

And here:

Here's the trend. After the bear trap, it took off. As I wrote, there is no evidence of resistance up to 20k. As I wrote, the price can get to these hai very quickly.

But when it crashes, then we'll talk seriously.

https://vk.com/bitcoin_vanga?w=wall-130254204_3375

[Bitcoinaire]

https://vk.com/bitcoin_vanga

[trinhdinhthang20007]

Wealth is created by the exchange of value and the trade realises each global locations specific cost advantages, thats the standard wealth of nations view as to why global trade is so important.   Thats why holding is said to be bad, really its speculation which is the negative without any actual gains in each transaction so goods are passed only a token which benefits neither party.  Holding without any use or excessive speculation without trade would do similar and cause a failure.

Compare it to real world assets like gold.  Holding forever is what central banks do with tons of gold.   Literally it sits there for decades and golds only use is that it wont rust or react in any way, its doing zero.   Gold represents excess wealth and imbalance not utility not growth or industry but the demand for it is genuine and reliable.
However each of those central banks is also issuing notes of worth to circulate and attempts to balance an economy involving trade.   All that trade has real value and utility with the gold a holding to show capital backing to trades done by the token value of paper.

Bitcoin can only really keep gaining by being more well adjusted then that dollar and gold system.   It has no debt component but also no asset backing to each token value exchanged, it must enable trade or it will be replaced by a superior standard even while dollar declines alongside it.

Most of the banking system believes Bitcoin will not enable solid trade routes and so will end in speculation only.  The value is the technology which is open source and will be used elsewhere, that might be a fair conclusion if any other system can hold greater integrity then the dollar while showing more trade exchanged globally.  Most banking systems simply pair 1:1 ratio with the dollar and are flawed by that excess liquidity biased to politics not business or trade so banks will not beat bitcoin presently imo.   Genuine growth must serve capitalism or it is temporary.


Bitcoin 7 day moving average may be challenged, 4649 Eur or 34744 CNY.  The reaction to that and support 33433 CNY being where to judge it maybe.  Otherwise fib levels 5600 5530 are a repeat of previous days actions so far, but it may need to confirm support now

I like this view, for me to analyze just a part of the problem, it has many other factors to divert the analytical parameters and make many people trapped, that is, trapping the crowd.

[snowdropfore]

the sky is the limit ,but for now ,seems 20k is the first target .if bitcoin can get to there ,i will sell some of my bitcoins and waiting for the dip and then buy back.

[Zandar]

You can analyse all you want to, but at the end of the day real life events end up differently than the one expected. So it's mostly based on luck. Either the analysis is a bit correct or totaly wrong, kinda like weather predictions.