So what do I see when I look at the current 2021 cart? A blow off top, and a bounce that we are currently in, that looks like a lower top forming. I still don't see a high-volume capitulation.
Will a capitulation happen this time, or will we just blow past that? I don't really know, I can't say. But something inside tells me it's possible that this time is no different than any of the others.
I dont like the chart either, but consider this : It has been severely distorted by all the elon musk buying thing after what I thought was a good first top, when we hit 40-45k. I just dont feel we hit that sweet parabolic increase in price yet. something feels off