#noticiascripto 🚨🔥The monstrous Bitcoin rally could be heading straight towards a wall. That is the warning coming from Piper Sandler this week, as chief investment strategist Michael Kantrowitz told investors to start securing profits.

In a note published on Tuesday, Michael said the firm is advising clients to take profits on positions that have risen the most since early April.

The warning comes as markets shift from pricing in a potential inflation-driven recession to anticipating an environment described as 'Goldilocks', where growth is neither too hot nor too cold.

According to Piper Sandler, the stocks that are currently in the most dangerous position are low-quality, high-beta names. Michael stated that they have enjoyed 'a huge expansion of multiples without any improvement in earnings outlooks.'

And Bitcoin is not immune to the accumulating risks. In that same note, he pointed out that there is still a 'very tight directional correlation [with] stock market risk', and warned that 'if we were to have a mass sell-off in risk assets, due to any macro risk being priced in, it is likely that Bitcoin would also decline in the short term.'