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RE: Bitcoin price worth $50K to $633K in 2027
Nice work. Let's hope either scenario comes true for us HODLers. :)
Have you seen this story on OG trader masterluc?
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
He's notable for calling both BTC tops in 2013 well ahead of time, as well as forecasting the bear market from 2014-2016. He's predicting $15K BTC this year. Coming from him: that's very bullish, and if his past predictions are any indicator of his TA prowess, then we're all going to be happy campers.
Thank you. I will share more frequently some analysis on cryptos.
I have read the article regrading $15K prediction. I trust TA on crypto because they are working properly. However, I am not sure that they can work for very long term.
I think fundamentals can provide better and fair projections
For Me BTC is a hold I hope the price will be closer to the second scenario :)
I'm leery of long term forecasts based just on TA.
Perhaps he used TA, as well as trader/investor experience, as well as his "gut" or "intuition" to sense not only when it was oversold, but that the market would be terrible for BTC about 3 years.
Intuition pays sometimes. Usually I dont trade above 15 min timeframe.
For long term investment I read too much about ICO and the team working behind ...