Not saying the history will repeat but there appears to be some interesting similarities (at least to my untrained eyes!!)
Period between 2006 to 2009
Date
Price
Comments
26 June 2006
Approx. $9 (low)
-
28 December 2007
Approx. $31 (peak)
Price increase by approx. 3 times in 18 months
March 2009
Approx. $4 (low)
Price drop by approx. 8 times in 14 months
Period between 2017 to 2020
Date
Price
Comments
March 2017
Approx. $28 (low)
-
July 2018
Approx. $67 (peak?)
Price increase by approx. 2.5 times in 14 months
November 2020 (?)
Approx. $9-10 (low ??)
If history repeat and the price drop by say 8 times in the say 14 months since the peak…
This is just my 2c worth of research so please DYOR.
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