Where exit? Take some profit here? Buy lower?

That sums up Reddit today regarding the BTC market. Although, overall there seems to be long term bullish consensus.


Check out this post with over 2.4k karma points:

https://www.reddit.com/r/Bitcoin/comments/gfw6d3/everyone_on_trading_view_right_now

There is a consensus in that subreddit that what you see in that picture is what traders are doing — watching, wondering. Based on what I observe in that subreddit and others, they are right..to an extent. It’s a slight exaggeration of course.


But the take-away from all this should be that this is not the kind of thing one would normally see at a top. So, maybe this bull run is not over.

Thanks for reading!

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