Bitcoin Hits $124.5K — Rally Amid 'Peak Everything' Signals Caution
Bitcoin has just hit a record $124,500 and overtaken Google to become a top‑5 market cap asset. I'm noting this as part of a broader "peak everything" backdrop where stocks, housing, gold, money supply and national debt are all at highs.
I see two forces at work: momentum and the prospect of Fed rate cuts supporting further gains, versus elevated valuations and elevated inflation that raise the risk of a sharp pullback. I'm watching order flow and macro signals closely rather than committing aggressively today.
My plan is to monitor for a disciplined entry on weakness or consolidation, keep position sizes controlled, and use stop limits to manage downside risk.
Analysis
Recommendation
Watch the market: consider adding only on clear weakness or consolidation, size positions conservatively, and use disciplined stops. Avoid aggressive full-sized buys at current frothy levels.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.