Analysis - page 79. | Bitcointalksearch.org

JayJuanGee

legendary

Activity: 3892

Merit: 11105

Self-Custody is a right. Say no to"Non-custodial"

Quote from: snowdropfore on September 01, 2017, 10:00:30 AM

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.

snowdropfore

hero member

Activity: 843

Merit: 1001

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.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: neilol-real on August 30, 2017, 01:08:18 PM

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.

Quote from: windjc on August 25, 2017, 05:00:50 PM

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. Tongue

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.

birr

hero member

Activity: 870

Merit: 585

Quote from: neilol-real on August 30, 2017, 01:08:18 PM

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. Cheesy

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.

neilol-real

full member

Activity: 142

Merit: 100

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

birr

hero member

Activity: 870

Merit: 585

Quote from: snowdropfore on August 30, 2017, 08:38:08 AM

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.

snowdropfore

hero member

Activity: 843

Merit: 1001

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.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: BitcoinNewsMagazine on August 25, 2017, 10:56:31 AM

Quote from: talks_cheep on August 25, 2017, 03:50:44 AM

There are resistance at 4000, 4500, 5000, 5500, 6000, 6500, etc... At every 500 increase, there's a big resistance. It's laughable to say it will zoom up from 3500 to 15000 with no resistance. Everyone knows this, the past few weeks have proven it's true.

Analysis clearly shows a rise to 5000 by end of this year, barring any major screwups in November, you know what I'm talking about. SEGWIT2x.

Further analysis also lucidly indicates the crash in Jan'2018. The new year will usher in a long bear market. There will be blood in the street. You will wish you had never heard of bitcoin and its ilk.

As much as I respect masterluc I think this bull market cycle will top out at $7000. I used previous Fibonacci extensions and point and figure charts to arrive at that number. This is the time to start selling BTC and hold BCC. Of course bitcoin can surprise so never sell all your bitcoin.

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.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: talks_cheep on August 25, 2017, 03:50:44 AM

There are resistance at 4000, 4500, 5000, 5500, 6000, 6500, etc... At every 500 increase, there's a big resistance. It's laughable to say it will zoom up from 3500 to 15000 with no resistance. Everyone knows this, the past few weeks have proven it's true.

Analysis clearly shows a rise to 5000 by end of this year, barring any major screwups in November, you know what I'm talking about. SEGWIT2x.

Further analysis also lucidly indicates the crash in Jan'2018. The new year will usher in a long bear market. There will be blood in the street. You will wish you had never heard of bitcoin and its ilk.

Who the fuck are you and why are you polluting this thread?

PS: this is not an invitation for you to respond.

STT

legendary

Activity: 4102

Merit: 1454

Any analysis is only a guess or probability statement of possible future scenarios. The outside world is far larger then bitcoin and we can be jostled upwards or downwards by wider events then seen just within our limited view.
If theres a good possibility for 7,000 on this years movement to continue I'm glad to hear it but its just a maybe. Most people just look shorter term then that and the market itself is constantly readjusting itself as many people bail out and take profits every $500 or so as said above.

The channel for August on BTC Kraken is no longer active and imo we've been a bit more down or volatile since then though BTC stays strong. I thought BTC quite strong this whole year compared to other years, obviously we had severe dips but its resilient is my repeated view. The recent low was roughly in line with the trend since April

I would characterise BTC price as building more then with any objective, there are some levels overhead to climb above and then confirm as a base then we can come back and focus on movement especially continuing upwards.

Right this second - BTC has triple top in play Kiss

the sky

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: talks_cheep on August 25, 2017, 03:50:44 AM

There are resistance at 4000, 4500, 5000, 5500, 6000, 6500, etc... At every 500 increase, there's a big resistance. It's laughable to say it will zoom up from 3500 to 15000 with no resistance. Everyone knows this, the past few weeks have proven it's true.

Analysis clearly shows a rise to 5000 by end of this year, barring any major screwups in November, you know what I'm talking about. SEGWIT2x.

Further analysis also lucidly indicates the crash in Jan'2018. The new year will usher in a long bear market. There will be blood in the street. You will wish you had never heard of bitcoin and its ilk.

As much as I respect masterluc I think this bull market cycle will top out at $7000. I used previous Fibonacci extensions and point and figure charts to arrive at that number. This is the time to start selling BTC and hold BCC. Of course bitcoin can surprise so never sell all your bitcoin.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: talks_cheep on August 25, 2017, 03:50:44 AM

You will wish you had never heard of bitcoin and its ilk.

man, if only i'd paid heed to your warnings in the past. as mo money equals mo problems i'd have virtually no problems no more.

talks_cheep

legendary

Activity: 1036

Merit: 1000

There are resistance at 4000, 4500, 5000, 5500, 6000, 6500, etc... At every 500 increase, there's a big resistance. It's laughable to say it will zoom up from 3500 to 15000 with no resistance. Everyone knows this, the past few weeks have proven it's true.

Analysis clearly shows a rise to 5000 by end of this year, barring any major screwups in November, you know what I'm talking about. SEGWIT2x.

Further analysis also lucidly indicates the crash in Jan'2018. The new year will usher in a long bear market. There will be blood in the street. You will wish you had never heard of bitcoin and its ilk.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: djuvantebit on August 18, 2017, 01:45:19 AM

Quote from: BitcoinNewsMagazine on August 17, 2017, 09:59:40 AM

Quote from: RAJSALLIN on August 17, 2017, 08:55:01 AM

Quote from: snowdropfore on August 16, 2017, 10:22:01 PM

can someone translate the russian and post here ,so all we can get to know the news soon.

"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000"

Fibonacci analysis of the previous all time high shows significant resistance at $7079.

Fib. resistance at 7k will will be a psychological resistance, point of push and shove depending on the time this resistance is tested, we could see more highs

I'm just amatour, but in my opinion $7k should be broken before the end of this year. Of course it's just my private speculation, but in my opinion it all points to it.

djuvantebit

member

Activity: 83

Merit: 10

Be a part of the revolution

Quote from: BitcoinNewsMagazine on August 17, 2017, 09:59:40 AM

Quote from: RAJSALLIN on August 17, 2017, 08:55:01 AM

Quote from: snowdropfore on August 16, 2017, 10:22:01 PM

can someone translate the russian and post here ,so all we can get to know the news soon.

"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000"

Fibonacci analysis of the previous all time high shows significant resistance at $7079.

Fib. resistance at 7k will will be a psychological resistance, point of push and shove depending on the time this resistance is tested, we could see more highs

Todorius

full member

Activity: 196

Merit: 100

Quote from: BitcoinNewsMagazine on August 17, 2017, 09:59:40 AM

Quote from: RAJSALLIN on August 17, 2017, 08:55:01 AM

Quote from: snowdropfore on August 16, 2017, 10:22:01 PM

can someone translate the russian and post here ,so all we can get to know the news soon.

"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000"

Fibonacci analysis of the previous all time high shows significant resistance at $7079.

I would compare this rally more to the one from April 2013. And this one significantly overshooted the 6.854 fib level compared to the previous rally (which went from 5 to 15$ in 2012).
According to masterluc, the rally after this one, which presumably tops at 40-110k, would then correspond to the November 2013 rally. Then afterwards the bearmarket if I am not mistaken.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: RAJSALLIN on August 17, 2017, 08:55:01 AM

Quote from: snowdropfore on August 16, 2017, 10:22:01 PM

can someone translate the russian and post here ,so all we can get to know the news soon.

"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000"

Fibonacci analysis of the previous all time high shows significant resistance at $7079.

RAJSALLIN

hero member

Activity: 665

Merit: 500

Quote from: snowdropfore on August 16, 2017, 10:22:01 PM

can someone translate the russian and post here ,so all we can get to know the news soon.

"Well, after the breakdown of the level of $ 3500 on weeks - I do not see any resistance to the level of $ 15,000"

snowdropfore

hero member

Activity: 843

Merit: 1001

can someone translate the russian and post here ,so all we can get to know the news soon.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: exstasie on August 16, 2017, 06:14:04 PM

Quote from: windjc on August 16, 2017, 05:41:34 PM

Quote from: Netnox on August 16, 2017, 04:18:55 AM

I got redirected to this thread from Google news!

https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year

Quote

Masterluc now predicts that Bitcoin will reach $15,000 before the end of this year. What’s more, he believes that Bitcoin will reach a price of $40,000 - $110,000 by the end of this bull run. He gives a timeframe of 2019 for that price target.

I don't know how accurate Masterluc has been so far. But if his prediction even becomes remotely close to reality, I will be super-rich. Grin

He never said before the end of the year. The article is wrong.

Where does he share his ideas these days? Doesn't seem like he is very active on the forums anymore. I remember a friend telling me that he had a Russian community where he shared charts, but dumb old me assumed I could just check his thread here, so I didn't ask for the website.

I don't remember hearing anything about $15,000 before the end of the year, but his $40,000-$100,000 by 2019 call is now famous. I am inclined to pay attention, since he was very accurate predicting the bull cycles in both the early 2013 and late 2013 runs. I do recall that he was wrong once or twice calling the bottom in 2015, but I certainly can't cast any shade on his analysis since that time.

Go to https://vk.com/bitcoin_vanga use Chrome with Google Translate for the Russian forum. He is also PentarhUdi at TV.

Topic: Analysis - page 79. (Read 941579 times)