Wondering about Bitcoin price by the end of 2017? According to masterluc, Bitcoin will hit $15,000 by the end of the year. Meanwhile, his outlook for 2019 is even crazier!
16 August, AtoZForex – Did you hear about masterluc? This trader is kind of a legend in Bitcoin community. Masterluc has successfully predicted the top of November 2013 Bitcoin bubble and the following bear market sentiment. When the price of Bitcoin stood at $1,100 on December 6th he has stated:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and the third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
Masterluc Bitcoin forecasts
Moreover, masterful has predicted a multi-year bear market, in spite of the fact that at that time the Bitcoin was rallying. He has written:
“Ah, of course, thanks, Satoshi, and community, but I am still here =) Next entering point for me is in the 2016-2017 year.”
On the 31st of January, 2014, masterluc has stated:
“I see price failing leave daily bb borders for too long time. This makes me think that price may enter stagnation like it was jan-may 2012. But for a larger period of time. Probably till next reward halving like it was in 2012.”
Was that enough to convince you that he is a genius?
If not, let that sink in: he also called the end of 2013 bubble back in the same year March. Nine months prior to the peak of the bubble, masterluc has stated that Bitcoin long-term upper trendline would be “somewhere above 1000.” Furthermore, on the 30th of May, 2015, masterluc posted the following:
“Also you may estimate in this model how much time till next bubble (~ 2 years in my estimations)”
Now, the price of Bitcoin stands at $4113.36.
Bitcoin legend predicts $15,000 Bitcoin price by the end of 2017
Presently, masterluc predicts that Bitcoin will hit $15,000 before the end of this year. Moreover, he believes that the king of cryptocurrencies will reach $40,000 - $110,000 by the end of this bull trend. Masterluc said that Bitcoin is able to reach these numbers by as early as 2019.
However, past performance does not guarantee the certainty of the future rally. However, in case masterluc is correct, we will see a big number of fresh millionaires by 2019.
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