Jean-Paul Rodrigue 4 phases of a bubble chart vs. BTC (opens in new tab)

So, according to this, are we to take it that we are currently, or about to be, in the "Fear" stage? If there are some more/bigger scandals this year that make the front pages of the MSM, then I can see this happening as the hoi polloi retreat.

The right edges of both of those charts would have, in retrospect, been wonderful times to invest.