Historically speaking, we have seen this before.
Everyone is extremely bullish, greed raging for BTC, and for good reason.
However, when does this ever end with more and more continuation up?
No matter the asset, history typically rhymes.
Coming off such a parabolic move is due for a pullback.
I expect it soon, but only to see an altseason triggered.
Not bearish long term, but I don't like buying into 4 massive monthly candles either.
Short here.
Just my two satoshis!
- CAHLESS
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