If we truly are going to the "more vertical" part of the S-curve, there's a possibility that the growth is so fast that it goes toward parabolic rather than logarithmic. So we may be seeing that uptick OR we may be WAY ahead of where we should be still (although $500 seems VERY firm at this point).
Where were we 30 days ago? Oh yes,
$290, and just had crossed the ATH and everybody felt so good.
Now,
$912 seems "cheap" to them who would like it go to the moon before Christmas.
There is still so much air in the bubble. Hard to know, which outcome I would
like most, ch00 ch00 or orderly reversion to the trend.
I guess boring is predictable though and there is some comfort to be had in that for sure. Strange as it might sound, most people would probably prefer a more orderly progression. Unpredictability is hard for most to stomach.