Was looking at this classic graph depicting stages of a bubble today:
![](http://fixwillpower.com/wp-content/uploads/2013/04/bubble.jpg)
Then comparing it to bitcoin market cap over the last 12 months. The similarities are pretty scary.
![](https://i.imgur.com/BfB5YCF.png)
Personally i've been getting all my ducks in order for a quick exit, avoiding USDT where possible.