Fontas
Long

Bitcoin's Future Shape: $13000 and $120k

BITSTAMP:BTCUSD   Bitcoin / Dollar
37343 46 119
a year ago
Currently we have just finished a major market bull move (2-1200) and its subsequent bear move correction (1200-150). No new lows for 9 months. The bear market is over.

Now we are in a quiet, flat period of quiet. Quite similar to that of April 2012, not only in price action but more importantly in popular sentiment. Bubble fever is emotionally dead, people at Bitcoin meets and conferences no longer gush excitedly about financial success.

Fractal self-similarity shows that if this is indeed 2012 deja-vu, the future price path shall take us to $600 within 1 year (wave 1), $13000 within 2 years (wave 3) and possible wave 5 extensions after that.

Recall my previous Elliot Wave possibility of $120k.
6 months ago
Trade active: Update: Price is following the prediction very nicely.
5 months ago
Trade active: 639 USD, the prediction has been followed very closely to this point.
5 months ago
Comment: Incredible profits from this trade. Spent a bunch partying in the French Riviera and Monaco. Hopefully you all had similar success.
alste. PRO
a year ago
That is very insightful, Fontas, thank you. I am adding to my short.
+27 Reply
grahvity alste.
a year ago
rekt
+18 Reply
imprezd alste.
5 days ago
@alste., lol alste - the rekt legend
+1 Reply
Lol are you smoking crack your charts are all off
+6 Reply
ZimriLeijen nevermargincalled
5 months ago
you post is not so funny now anymore is it?
+8 Reply
Solio ZimriLeijen
5 months ago
LOL
Reply
oldstout
a year ago
If you have 10x Willie the bot, this chart seems to be reasonable.
Otherwise this is CRAP.
+3 Reply
Mathijs
a year ago
We'll see what's going to happen. I think the bearmarket is not over yet.
+1 Reply
blackswan
a year ago
lots of immature traders nowadays..
+2 Reply
solimanbitcoin
a year ago
fontas keep on your pump and dumps scheme you are not a real traders people on tradingview.com is much smarter than the amateur traders on btc-e.com your tricks will not work here , here you have to prove with real charts and indicators or shut the fuck up
+2 Reply
SvilarovNikola
a year ago
mooooon
+5 Reply
DordeMarcetin SvilarovNikola
a year ago
Mooon! :D
+2 Reply
findftp PRO
a year ago
I'm trading on this pattern for over a year now.
It is playing out just like 2011/2012.
Sir, you are right.
This is gentlemen.
+3 Reply
Coinmarketswot
a year ago
1, 2008-2011 ($ 0.001) : Genesis, nerds convincing nerds to code and build Bitcoin by the White Paper of Satoshi Nakamoto
2, 2011-2014 ($ 100.00): TEA, Technical Early Adaptors, first universities adopting master programs, pioneering tech companies join and such business angels
3, 2014-2015 ($ >100.00): TEM, Technical Early Majority, All serious tech companies and serious tech universities are on board of Bitcoin
4, 2015-2016 ($ 1,000.00 - 10,000.00): IEA, Investors Early Adaptors, Non Tech Private Commercial industries enters the Bitcoin Ecosystem
5, 2016-2017($ 10,000.00 - 100,000.00): IEM, Investors Early Majority, Public and Government Backed funding and investments on International (Stock) Exchanges

https://www.reddit.com/r/Bitcoin/comments/2xnwpk/bitcoin_in_7_phases_checked_predictions/
+1 Reply
SunnyMorning Coinmarketswot
11 months ago
Yes its slam dunk. $200,000 in 2020. World Market collapses. People are on the street. Third world war. Nobody wants gold but only Bitcoin. It saves us all. Dont forget on Skynet is knocking behind door. We all will be soon dead.
Reply
Galvin
a year ago
Anyone believes this needs a cold shower.
+2 Reply
superbinge
a year ago
This is what I see the same as you :
http://s27.postimg.org/by1c4uy9d/20150918142830.jpg
+2 Reply
GeorgeKrash
a year ago
Sorry to break it to you but this is one of the most outlandish predictions I've seen in a while. If it's not a parody then I don't know what to come up with to highlight how alien this is.
+1 Reply
HCLivess
a year ago
Not so funny anymore, bears, is it?
+5 Reply
blackswan
a year ago
looks like i underestimated you fontas... you still got it in you man... anyway not a bad call i'd say..
+3 Reply
timwest PRO
a year ago
Brilliant analysis. This is exactly the way that I like to look at markets and trends. Sentiment combined with price action. Well done. Great call.
+6 Reply
rivet.popper timwest
a year ago
Do you really think people will pay up to 100K per coin? I'm not saying it's impossible, just wondering what your TAM analysis would say.
Reply
findftp PRO rivet.popper
a year ago
They'll just buy fractions.
+2 Reply
rivet.popper findftp
a year ago
True. Kinda like a stock split I guess.
Reply
findftp PRO rivet.popper
a year ago
Remember, 1 bitcoin is just an illusion. The protocol at it's base works with satohis which are 1/100000000th of a bitcoin. So, for 1 dollar you can currently buy 240000 satoshis. Still ultra cheap.
+4 Reply
ZimriLeijen rivet.popper
6 months ago
they'll have to. Don't forget, if bitcoin is used by everyone in the world, there's only 0.003 bitcoin for each person on average. Even if we assume only 10% of the world will use bitcoin, there's still only 0.03 per person on average. Don't count in bitcoin, count in millibitcoin. Better yet, count in microbitcoin.
Reply
SunnyMorning timwest
11 months ago
well done analysis. I also hold all my bitcoins. I will be selling them in 2020 for $20,000 or maybe $200,000
Reply
etrada SunnyMorning
10 months ago
That'll be the day (from the epic old western movie "The Searchers"). All right, just remember, that it can go pretty much in every possible direction, also lose its value totally. Highly risky indeed.
Reply
oet.investments
11 months ago
While this may seem like a crazy prediction it is certainly possible. Especiallyif we go into hyper inflation. Although the "dollars" won't be worth as much. Don't forget history my friends. It is bound to repeat itself. #to #da #mooooon :)
+1 Reply
findftp PRO oet.investments
11 months ago
It's called www.hyperbitcoinization.com
Reply
Sh0t PRO findftp
4 months ago
Great link
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thejohn74 PRO
10 months ago
wishful thinking. Personally i dont give much credence to exponential charts as they give a much distorted view of price action.
Reply
Petros PRO
8 months ago
Guys: when Fontas speaks - you listen. Just like good old days on btc-e:) Cheers to you, Fontas. I can even feel some trollbox vibe from comments below:)
Reply
MohamedKezadri
6 months ago
et prix future dogecoin???
Reply
imprezd
6 months ago
#toldya
+4 Reply
Fontas imprezd
6 months ago
lol I love me
+5 Reply
ZimriLeijen Fontas
5 months ago
I love how all the naysayer got schooled
+1 Reply
robus
6 months ago
wow ! almost doubled !
Reply
JLT PRO
6 months ago
looks legit, BTC is the only thing im bullish on!
Reply
SelectorSam
5 months ago
Bitcoin is an exponential technology that will swallow all Central Bank Fiat eventually. Great analysis, still relevant all these months later. Good job. Peace.
Reply
ComboAlex
5 months ago
10 month's ago u were saying it's not going to happend but it's happening now, you did not belive to this guy.
Reply
wagap
4 months ago
You, Sir Fontas, deserve an all time greeting for seeing what we all didn't. You"r an awesome trader and merit respect.
Reply
tamschr
4 months ago
if the price range had been anywhere between 430 and 750 in the last 3 months it would have pretty much looked like the predicted path since the log scale makes that bit look really small....not that miraculous a prediction imo....still i'd like to see 13k!
Reply
Sh0t PRO
4 months ago
Miami for me, your wine was probably better.
Reply
YoungMula
a month ago
Very nice analysis
Reply
Facira
4 days ago
wrong chart dude.. try again
Reply
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