Will a Surprise $7K Bitcoin Pump Fulfill the Prophecy of Asuka?

The “Prophecy of Asuka” has earned meme-status across the cryptocurrency community, with many calling it a farce, while others put a lot of weight in its validity. After Bitcoin’s recent bearish trend, the crypto community had all but given up on the “prophecy.”

But last weekend’s massive green candle and historic price surge in Bitcoin, has revived hope that the prophecy will continue to ring true. Will another surprise Bitcoin price spike take the asset to $16,000 before Halloween is over, and keep the prophecy going?

The Prophecy of Asuka and the Prediction of $16,000 Bitcoin in October 2019

Bitcoin and other cryptocurrencies are volatile assets, that often rise and fall by a large percentage on any given day. Take last week, for example, Bitcoin set its third-largest 24-hour gain with a spike from $7,400 to $10,500.

Related Reading | Will Bitcoin Price Benefit From The Halloween Effect?

Prior to that, the crypto community had all but given up on the “Prophecy of Asuka,” which claims that Bitcoin price would reach $16,000 in October 2019, after bottoming in December 2018.

The so-called prophecy originates from an anonymous poster on 4Chan, who on January 21, 2019, outlined different price points the asset would reach ranging from Bitcoin’s bear market bottom in December 2018, all the way through November 2020, when the original poster claims the asset would reach a price of $87,000 per BTC.

What gives the outlandish theory more credence, is the fact that the anonymous 4Chan poster was able to accurately call each price level leading up until now.

The prophecy called for $5,300 Bitcoin in April 2019. April was when Bitcoin broke up out of its accumulation range and began its parabolic bull rally. The next major call was for Bitcoin to reach $9,200 in July 2019. While Bitcoin also touched over $12,000 in July, the asset did fall to $9,200 at one point during the month before rallying higher once again.

Everything appeared to be on track, and the 4Chan…

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