If it continued shooting up without a sideways period it wouldn't be sustainable. There are steps all the way up to here on the charts, and I hope we are on the sideways part of another step up. New fiat from the banks could push the price up another step next week.
Agreed. Consolidation and profit-taking are natural after every leg up. It's just that the process can take longer with different steps. Just when you might think you've found a rhythm, it changes.
There was a time when people here talked about a standard weekend price drop after a week of rises. More recently it's been weekend rallies and weekday consolidation. This past week threw us a curveball and with a midweek rally and weekend consolidation (so far).
Lots of luck trying to predict it accurately.