Planby says Bitcoin is set for 10 months of face-melting FOMO.

Planby Says Bitcoin Is Set For 10 Months Of Face-Melting Fomo.



According to popular price analyst PlanB, Bitcoin (BTC) is embarking on an epic bull run that will last the rest of the year.

In a post to X on Friday, Bitcoin bull Ysmudo published a graph showing Bitcoin's “market cycle,” saying that the price has now exited the “accumulation phase” of this cycle.

A Bitcoin bull market has begun.

“There are no longer easy buying opportunities in orderly and slowly rising markets,” Planby wrote.

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“If history is any guide, we see ~10 months ahead of melting fomo: very price pumps combined with several -30% drops,” he added.

Plan rose to become one of the most popular online analysts during the 2021 Bitcoin bull market, after predicting several Bitcoin monthly closes with remarkable accuracy.

He popularized the Bitcoin “stock to flow model,” which predicts the future value of the asset, projecting an estimated Bitcoin price of $532,000 in early 2026.

In the year When the price of Bitcoin falls below $20,000 in 2022, Planby's model has received considerable scrutiny for being too optimistic. However, now that BTC is back above $60,000 per coin, Planby is insisting that his model still doesn't exist.

“Bitcoin Feb closing price: $61,181 … back to S2F model price,” Planby wrote for X on Thursday.

Bitcoin's massive February rally

Bitcoin prices are up 39 percent on the popularity of newly launched Bitcoin Spot ETFs in the United States, which have made huge gains. The rally ended on Thursday with Bitcoin's largest monthly green candle in history.

Funds managed by BlackRock, Fidelity, Bitwise and others have collectively taken in more than $7 billion in net income since their January 11 launch. Instead of new options to own.

Many analysts believe that ETFs will be the primary proponent going forward. Fundstrat's Tom Lee, for example, believes BTC could reach $150,000 by the end of the year thanks to ETFs and other factors.

Another new popular model, Bitcoin's “law of power” also shows a bright future for BTC.

Although creator Giovanni Santostasi has some problems with the stock-to-flow model, the physicists' model predicts that Bitcoin's price will reach $200,000 in two years.

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