Edit: But, my thesis is also that if the rate of price increase manages to remain below a certain threshold then a rally can be sustained, at which point price growth is limited by another mechanism, for which I have another set of tools to monitor.
Wow, that sounded very mysteriously... Could you elaborate?
I presume this other limiting mechanism is somehow related to coins needed to "feed" the miners, i.e. fresh fiat inflow is required to balance with freshly mined coins. How it does balance depends on the current exchange rate. Right?