‘Prepare your exit strategy,’ warns crypto trader as ‘we are close to the top’
As Bitcoin (BTC) is back surging above the $100,000 mark and altcoins consolidate above strong support levels, a crypto trader has warned his followers that the market’s top is close and urges people to prepare their exit strategy. Bitcoin made a new all-time high this Monday, attracting more retail investors with the fear of missing out (FOMO). However, as retail starts increasing its BTC exposure, savvy traders and investors prepare their exit strategy as the top approaches. In particular, the 356,000-follower trading and investing X persona, cevo , sent a warning to his followers on December 16. “We are close to the top, he said in a controversial post that later received other comments. “The most gains with alts will be realized in this last phase. Prepare your exit strategy,” cevo concluded. Picks for you Here’s when Chainlink (LINK)...