Could be, i hope i am wrong, but it tastes too much the same as last year...
Last year the facts were profoundly different. Facts beat pareidolia every time.
What differentiates this years ascent in price vs. last years is the dramatically larger volume this year. In addition observe the difference in velocity of the price decline after reaching the peak last year vs. now.
It still looks and tastes like last years spike guys....
Last year turned quickly on 430 and eventually went south of 100. Conditions are different now. Last year had >50% higher emission, way lower trade volume, and fewer participants. I'm making no upside predictions, but barring some catastrophy, I don't think I'll be able to lower my average price by cost averaging. Playing the volatility is all that's left
Agreed
