Phase of ‘Face-Melting FOMO’ Now Underway for Bitcoin, According to Quant Analyst PlanB

Quant analyst PlanB says that Bitcoin (BTC) has now entered the stage of its market cycle where extreme price pumps and volatility are commonplace.

In a new strategy session, PlanB shares a chart with his 118,000 YouTube subscribers that attempts to indicate the four phases of Bitcoin’s market cycles: the accumulation phase, the bull market, the distribution and the bear market.

According to PlanB, who is also the creator of the controversial stock-to-flow (S2F) model, Bitcoin has just entered the bull market, which will bring “face-melting FOMO (fear of missing out)” and massive rallies – as well as 30% dips.

“Big news here: red dot.

What we see in this chart is the stock-to-flow price again on a logarithmic scale and the colors… It’s the phases…

So we see a phase switch change right now. We go from the accumulation phase – which is over right now, there’s no more steady growth, easy buying, etc. No, we go to the bull market so there will be face-melting FOMO, extreme price pumps. 

And also, multiple, -30% dips.

A lot of people ask what I mean by that. If we look at, for example, the 2017 all-time high, which is more typical than the one in 2020 and 2021, we saw multiple – I think five or six -30% dips in there. But then, big pumps after that.

If you’ve never experienced a bull market, it will really be face-melting and scary at some times, but we have a lot of things going on. The narrative is the ETFs (exchange-traded funds) at the moment of course. We saw $500 million in inflows in one day, and that caused a 5% price pump in Bitcoin.

There are lots more inflows into the ETFs coming, so that promises a lot more price increases as well. 

And there might be in the rest of the year, in 2025, sovereign funds and nation-state adoption. Who knows what’s next? It will be very surprising, it will be extreme.”

At time of writing, Bitcoin is worth $63,546, up over 2.5% in the last 24 hours.

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