With Bitcoin almost hitting 100k, what are your thoughts and is it worth buying now because it'll only go up from here? Or will their be a dip opportunity?
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Buffet cashing out is a big sign. The upper class of 1929 did similar that summer. Most of the top families went into cash pre 29 crash. Just luck I guess.
They did the same thing in January 2020. Huge put option positions were being taken on SP500 for 3rd week in March and April 2020. Put/Call ratio spiking for the monthly option expiration date (3rd week of month) is what you are looking for as signal.
Options for 3rd week of March are unreal. Even going down to 180. It feels like those 9/11 options taken out right before the attack.