Good one, thanks.
I disagree anyway; I don't see how it would stay flat.
Maybe a large zig zag with 10K average to 'get rid' of both bulls and bears and basically exhaust everyone.

from masterluc:

Дecятoчкa мoя, cepeбpянaя
Ha зoлoтoм блюдe пocтaвлeннaя!

The first line corresponds to 10k [not sure why it is in silver, maybe see further comment by Victor Tarasenko below his post]
The second line most likely corresponds to some technical pattern, which I am not familiar with.
Is there such a thing as "golden saucer" in TA?
I know that there is is a rounded bottom or saucer pattern.

Most likely meaning is that we reached 10k in a round bottom/saucer pattern [not sure why it is golden though], suggesting further upside [as it happens in saucer patterns].

masterluc's latest message:

Any heroic soul care to translate?

Translation anyone?

Could some native speaker help translate the following part, please?

original:
....
Пpeдвapитeльнo (!!!), я cчитaю, чтo пик ~20к этo иcтopичecкaя 3. Пocлeдyющaя кoppeкция 4ки - этo oдин ypoвeнь c 2кoй, тaк чтo тянeт oн нa пapy лeт. И пoтoм дa, 5кa в paйoн 100+к.
...

google translate:
...
Thank you for asking. Preliminary (!!!), I believe that the peak ~ 20k is historical 3. The subsequent correction of 4ki is one level with 2k, so it pulls for a couple of years. And then yes, 5k to the district 100 + k.
...

He made a new post that even with google translate I can't understand.
Seems like he is not using very kind words for the BCH guys

I see from your history that you're Polish.  I guess you have some facility with Russian.
That thing about substituting under the hamster shorts:  I sounds like very slangy Russian.  Are you familiar with that saying?
 Пoд шopт xoмячьё видимo пoдcтaвляeтe.
It's incredibly funny when translated literally to English.  But what does it mean?

It seems like you are setting up hamsters to go short.

This prediction is obsolete. I wrote that the peak would be a lot higher than $9k. On log trend it's somewhere between $15k-$25k.

After a subsequent correction I expect six-figures.

You could just translate for us, instead of toying with us.

The life of a Bitcoin trader
https://www.youtube.com/watch?time_continue=1&v=RIz3klPET3o

I figured that out already.  I learned how to sound out Cyrillic when I was in Ukraine.
What we need is some people who can translate the really gnarly stuff.
How's your Russian?

И ecли вce тaк и бyдeт, этo бyдeт oчeнь вeceлaя мeдвeжья лoвyшкa и биткoин лoмaнeтcя нa нoвыe xaи.

And if it does, it will be a very funny bear trap and bitcoin breaks into new hai.

How can you be so sure that we would be over $100,000,000,000,000 by now if he didn't start this blocksize debate? I think if he didn't start it yes the price might be greater than the price we have now but I think ti would not be that big and that would be too big to reach for just a very short time. I think we would reach $10,000+ prices decades from now but reaching $100,000,000,000,000 price would be a pipe dream even if bitcoin lives in the next 2 centuries unless there would be a good news that will drive price up to that point which I think would be a miracle to happen soon.

It's funny because without this blocksize debate started by Core we would have been over $10,000 by now.

I cant believe maxwell has the audacity to call a miner optimization an attack.  Thats what ASIC manufacturers have been doing all along, optimizing miners.

Any new information on bitcoin price development from Masterluc? Even in russian, if possible.

This thread just turned into mining debate, that has little to do with weekly price analysis. Not that it is not important, but more long term, than what we came for here originally. Technical analysis.

Thanks guys.

"If we reach $1118, the bull wedge I described on March 25th goes into force. This, along with mentioned daily divergences, can send us towards ATH ($1200-1300). No higher, I think atm. Maybe it will start to draw some big triangle."

I don't know what you guys want, but it isn't Satoshi's Bitcoin.

You're right that nobody rules it.  However, majority hashing power is by definition Bitcoin.  If you reject that premise the whole thing falls apart.

Miners are the arbiters of consensus because they extend the blockchain.  They are the group who's interests are most closely aligned with the success of bitcoin.  They are the only people with a commitment.  Hodlers can dump whenever they lose faith.  Miners have to fight to preserve their investment.  If they do not do what is best for bitcoin, they lose BIG.  Who do you want in charge, fickle hodlers who can jump ship to a different coin if they screw this one up, or miners who have huge amounts of capital invested in hardware that is useless without bitcoin?  Every governance system in the world is minority rule.  Pure democracy is 2 wolves and a sheep deciding what to have for dinner and nobody is dumb enough to use it as a governance model for anything of value.  It would be even dumber to cast votes based on who has the most money.