MasterLuc new long term prediction - page 2.

Wind_FURY

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Quote from: ?? on ??

Should we buy back now ?

Buy more! Bitcoin always bounce back every time it dumps and yes there are good prediction in long term and the turn around as well. MasterLuc is old and good, serve this as your guide for the future prices we will surely rise from big fall on this bear. Though i still doubt about the stability of bitcoin price since next year is the halving and the price may become more volatile.

I would give the same advice, but based on Master Luc's long term prediction? Save your money, and wait for the big dip in my opinion. It's a pleb opportunity.

OR use a better plan. Use dollar cost averaging, and keep buying the dip.

suzanne5223

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Quote from: ?? on ??

Should we buy back now ?

I will buy back now if i were you because 95% of prediction dont usually come pass but if we check the early months of the previous bitcoin halving year, the market usually experience more dump than pump in price and this situation may also change next year cause the bitcoin left mine are not like before.

jostorres

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Quote from: Baofeng on November 27, 2019, 06:10:34 PM

-snip

Quote

Bitcoin technology will eventually find its place in human society after 2020 AD. And its price will become relatively stable in any mid term and slowly climbing in long term.

This sounds a "real" speculation in my opinion. Without being a part of our day to day life, we cannot expect bitcoin to value in millions. I agree that after the third halving bitcoin may create lots of demands against overwhelming adopters which may push bitcoin into main stream adoption. Once bitcoin will be part of society like the corner shops take bitcoins for water bottle, we can see stable in short term and up surging in long term like how exactly gold is doing for decades.

At the same time, we cannot ignore how the higher values push adoptions among new people. Higher prices are always a news and then media take bitcoins to new adopters. But without having enough demand, we cannot expect stable prices. Here, bitcoin is doing the reciprocal approach; instead of waiting for the demand to peak, its halving will cut the supply. After/around the upcoming halving, demands may not peak but due to reduced supply we can expect stable to climbing prices. Yes, bitcoin is designed to have values in millions Wink

.

Furious 7

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Quote from: ?? on ??

Should we buy back now ?

I say YES buying bitcoin now does not need to worry about going down again this market looks green again in the next few days, buying long-term Bitcoin will obviously be better because a lot of speculation will reach $ 8000- $ 9000 I believe that talk but we have to wait.

Vectra

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Masterluc is a freak. It's scary how accurate he is in trading.

mindrust

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This is not new. It has been around for almost a year. He has been right so far and I am also amazed by it but Rememher the 4chan anime girl... She was right too... till she isn't.

This prediction may or may not happen. Just don't blindly trust only one TA.

Regardless of what masterluc says, My own Analysis also says the price is pretty cheap right now. Yep you should buy.

piebeyb

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I just know him, I see the analysis now it looks cool, but again this long-term analysis is like seeing history that repeats every 4 years, but I think it always happens every 4 years so it's not too strange

Quote from: ?? on ??

Should we buy back now ?

If you buy for the long term, I don't think there is a problem buying it now, because this thread deals with the long term

Wexnident

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Kinda following the same idea as prediction of his right now. Just watching from the events of up till now, he's been right, and well, most of us have already thought of BTC reaching new highs in 2020.

Quote from: Upgrade00 on November 28, 2019, 12:25:13 AM

Bitcoin surpassing the current all time high would lead to a huge influx of new investors and lost of FOMO which would bubble up the price even more, so I think stability would come a while after this. The price would need to correct and balance, supply and demand as well as mining.

Well yes, every bubble needs a time where it stabilizes after it goes down into its depression phase. The peak of the bubble would naturally be the best time to sell any coins you have. Just look at the past halving of 2016 that had a huge bubble that resulted into the 20k ATH by 2017. The price dropped immediately after that and wasn't until close to 2019 did it start coming back up.

pooya87

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Quote from: Baofeng on November 27, 2019, 06:10:34 PM

And those for those newbie, I would say he is one of the most respected and legend in the bitcoin community as he been predicting bitcoin price movement as close to accurate as possible.

actually he is mostly all over the place!
half the times he makes good speculations about the market with nice analysis and they happen to be close predictions and the other half he makes weird ass speculation that don't make any sense and obviously they are way off the mark that you'd think the person making that speculation has no idea how the bitcoin market works!

Quote

https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

this link actually proved to be one of the wrong predictions by him! Cheesy

he jumped to conclusion too fast and was caught in the panic sell of the time this was released (meaning in 2018 when price fell down suddenly to below $4k). he was predicting more fall down to $1300 which obviously never happened!

adaseb

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His old analysis from what I recall reading about a year ago was slightly different. He was using the BLX index and hoping for the 200WMA to hold, and surprisngly it did bounce exactly from that area. According to the Tradingview post, it never hit the $3000 area even, not even on the futures which had a large discount.

I think right now that 200WMA is slightly higher since it takes into account the faster growing pace of 2017, so we are currently at $4925 or so. However every week this moving average usually increases by $30-$40 or so. Hence somewhere in the $5500 area in a few months so the $5500-$6000 area would be the perfect area to long.

However if we get there too quickly and sometime this year or next month then the WMA is slower and we might head into the high $4k's eventually.

Upgrade00

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Bitcoin surpassing the current all time high would lead to a huge influx of new investors and lost of FOMO which would bubble up the price even more, so I think stability would come a while after this. The price would need to correct and balance, supply and demand as well as mining.

Quote from: ?? on ??

Should we buy back now ?

If you're shorting and sold at a much higher price, it's a good time to buy back and has been so for a while. Best to buy intermittently as the price rises and falls to try and get the most suitable support levels.

Baofeng

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For those who have been in this game and an old timer, I'm sure you know who MasterLuc is.

And those for those newbie, I would say he is one of the most respected and legend in the bitcoin community as he been predicting bitcoin price movement as close to accurate as possible.

Old thread: Yet another analyst

New thread: Analysis

Quote

New long term prediction as I see it now

This post is my updated vision to Bitcoin future price dynamics in context of broken all time log trend (blue in picture).
So the Bitcoin lost its huge momentum to stay in this trend - this was going to happen sooner or later.
As the technology being adopted - it loosing its blowing popularity and leaving straight-style log trend while continue to grow in SQRT-style trend (green in picture) more smoothly. I had difficulties to draw this green trend using regular tools, so it is not really accurate.
So this is the basic idea behind this post, and i thought about it for years and now here it is.
I think Bitcoin price will follow next steps in future:
1. Finding a local bottom. Should be at 1300-3000 range. Should not break previous lower low at $159 (lol). But i think it should be 4-digits. Nearest weeks.
2. As it dropped fast - as it should bounce fast to retest lost $6000 level and log trend at around 10000-20000. 2019-2020 AD.
3. Then it should fall back to ~6000 support. This should happen up to 2020 AD.
4. Go to new highs. Beyond 2020 year.

Bitcoin technology will eventually find its place in human society after 2020 AD. And its price will become relatively stable in any mid term and slowly climbing in long term.

This is the stairway from current bear hell as I see it.

https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

Topic: MasterLuc new long term prediction - page 2. (Read 420 times)