{"id":11248,"date":"2024-03-02T13:41:34","date_gmt":"2024-03-02T11:41:34","guid":{"rendered":"https:\/\/forklog.com\/en\/analyst-declares-onset-of-bull-market\/"},"modified":"2024-03-02T13:41:34","modified_gmt":"2024-03-02T11:41:34","slug":"analyst-declares-onset-of-bull-market","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analyst-declares-onset-of-bull-market\/","title":{"rendered":"Analyst Declares Onset of Bull Market"},"content":{"rendered":"<p>Popular blogger and analyst PlanB has announced the onset of a <span data-descr=\"fear of missing out\" class=\"old_tooltip\">FOMO<\/span> period\u2014a bull market, according to his Stock-to-Flow model.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?RED DOT !!<\/p>\n<p>Accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets.<\/p>\n<p>Bull market has started. If history is any guide, we will see ~10 months of face melting fomo: extreme price pumps combined with multiple -30% drops. Enjoy!? <a href=\"https:\/\/t.co\/8MyZJUSUlb\">pic.twitter.com\/8MyZJUSUlb<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1763547197126156519?ref_src=twsrc%5Etfw\">March 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets. The bull market has started,\u201d he wrote.<\/cite><\/p><\/blockquote>\n<p>According to the expert, the digital asset market is expected to experience approximately 10 months of FOMO: \u201cextreme price pumps combined with multiple 30% drops.\u201d<\/p>\n<p>Analysts at Bitfinex have set a conservative target for Bitcoin at a level between $100,000 and $120,000, which it is expected to reach by the fourth quarter of 2024, reports <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-analyst-planb-predicts-10-months-face-melting-fomo\">Cointelegraph<\/a>. Experts believe the cycle peak will occur in 2025.<\/p>\n<p>In early February, PlanB stated that following the upcoming halving, the first cryptocurrency will become scarcer than gold and real estate, suggesting it could <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-to-become-scarcer-than-gold-expert-predicts-500000-valuation\">reach $500,000<\/a>.<\/p>\n<p>Previously, Galaxy Digital CEO Mike Novogratz suggested a Bitcoin correction before it updates its historical high. He also noted the high level of leverage in the market.<\/p>\n<p>Earlier, technical analyst and head of Factor LLC Peter Brandt <a href=\"https:\/\/u1f987.com\/en\/news\/peter-brandt-raises-bitcoin-forecast-to-200000\">raised his forecast<\/a> for the digital gold price in 2025 from $120,000 to $200,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular blogger and analyst PlanB has announced the onset of a FOMO period\u2014a bull market, according to his Stock-to-Flow model. ?RED DOT !! Accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets. Bull market has started. If history is any guide, we will see ~10 months of face melting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146],"class_list":["post-11248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11248"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11247"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}