Whichever social medium I browse like this forum, twitter, Reddit, news sites I am seeing these crazy $50K or $100K predictions and it leads me to be very cautious. Because too many people are bullish and it's never a good thing.

This is more or less the same situation as in Dec 2018 when it looked like BTC would break $3K and looked like it would hit the 3 figure range. And look what happened, it reversed when people least expected it too.

I am not saying it won't hit $100K sometime in the future but I am just saying to be cautious when everybody and their Grandma is investing in crypto due to massive amounts of greed in the markets.