Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
D. Lerk
on 14/06/2019, 09:48:07 UTC
Masterluc posted a 3-month head and shoulder chart without any comment but a laugh.
On that chart, we're at the top of the right shoulder.
Most head and shoulder charts are scam. Some get it right by pure coincidence (1mil predictions, 1 bound to be right). Ignore.

masterluc throws a lot of shit at the wall, some of it sticks but most of it doesn’t. His predictions are more hit than moss these days, I don’t know why he still gets the air time here.
For the sake of discussion, I guess. He gained his spotlight long time ago with one bold long term prediction that he got right. Since then, I think his utterances deserve a mention here. More so than, say, Vays's. I do agree he's been misfiring quite a lot lately, like 50/50 - which hints at randomness.

He had a stupendous 2013 (I think he was still "lucif" then): massively bullish against the wall of worry, calling the 4 figure figure top pretty much to the day, then declaring for a multi-year bear. All against the crowd and mocked, especially for the multi-year bear which we'd never had at that point.

Since then a bit meh. I figure his analysis must have been affected by the money he made, which would have gone a very long way in Ukraine.