Before I type what I am going to type I'd just like to mention I hodl and don't sell and I am pretty stubborn with this. I have no desire to see bitcoin drop in price at all and that won't benefit me in the slightest.
On this note I'd like to say when people talk about $10k, $100k per coin etc I worry and expect a big correction. I am sorry for saying this but we all know it can happen at anytime and it's more than likely coming soon when we least expect it.
Anyway, please continue upwards bitcoin and keep us all happy little hodlers! This is the most fun I've had in nearly 4 years being involved in this.
True. The current price levels are reasonably healthy, but when people act like they're hoping for a giant price increase really soon, they'll react too positively if we see too big a rally or a pump and then corrections will happen too quickly. The quicker the price is rising, the higher the chance of a correction IMO.
Should we expect a drop in price soon after such big increases?
Not unless it goes further. As someone pointed out in
Kwukduck's FUD thread, the price growth looks pretty steady when you use a logarithmic chart.