The Brief: Bi panic is when an individual is attracted to both a woman and man in a specific setting, usually a scene from a movie, film, or celebrity interview.

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The phrase “bi panic” is used to refer to a situation in which an individual finds themselves attracted to more than one gender. On social media, internet users often refer to various scenes in movies/TV shows and celebrity interviews. See also: gay panic.
As Urban Dictionary explains, this moment can happen when a bisexual person sees both a man and a woman that they are attracted to or when a straight person thinks they may be bisexual due to their attraction to both a man and woman in one setting.
always had a bi panic w this scene not knowing who to look at
— envy (@envyyyyyyyyy) February 19, 2021