Analyst PlanB, Bitcoin He shared his new comment by stating that the price has now entered the stage of the market cycle where extreme increases and volatility are normal.
Explaining his views in a new strategy session, PlanB shared a chart that tried to show the four phases of Bitcoin’s market cycles. This chart visually explains periods such as accumulation phase, bull market, distribution and bear market. According to PlanB, creator of the controversial stock-to-flow (S2F) model, BTC has just entered a bull market that will bring “face-melting FOMO (fear of missing out)” and major rallies as well as 30% declines.
According to PlanB’s statements, this phase change in Bitcoin’s market cycles attracts the attention of investors and gives an idea of what to expect in the market in the coming periods. In particular, as Bitcoin enters a bull market, greater volatility and more dramatic price increases are expected to occur. However, it is emphasized that in addition to this situation, decreases of 30% are also possible.
PlanB said, “we are going through the accumulation phase, which is now over, now we have steady growth, easy acquisition etc. no. No, we’re moving into a bull market, so there will be face-melting FOMO, extreme price pumps. And there will also be declines of multiple 30%.” He states that these sudden fluctuations that Bitcoin may experience in the market may surprise investors.
PlanB’s statements also show that Bitcoin coincides with a period when it attracts the attention of more and more institutional investors. In particular, increased interest in Bitcoin through traditional financial instruments such as exchange-traded funds (ETFs) is contributing to the acceleration of price increases. It is thought that this situation may increase the Bitcoin price even further in the coming period.
As we reported as Koinfinans.com, PlanB’s predictions and market developments offer important clues about the future of Bitcoin. However, it is important for investors to be careful about unexpected price movements during this period and to be prepared for market volatility.
