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Any commodity stock or anything of high public interest that is attracting investors can reach an accelerating point of price increase.

It can be measured partly based on how quickly something is rising as well as the magnitude of change of the price. So basically it's sort of an exuberance measurement.

If you have one thing that is accelerating in price because it's being noticed and the price is going up and more people are hearing about it and more people are deciding to invest in it.

if that happens over a short enough period of time you get a top end as those who have jumped in late are the last to put the price up for a while and typically you can see that exuberance as a thing over a time.

However the same price increase if it happens slowly does not indicate a top end. So a Top end price for any commodity or stock that receives a lot of public attention typically has a top end that is only the top end if it happens within a short period of time.

For Bitcoin right now based on the current rate of price increases the top end if it was to be reached to say next week is likely around 160 and it would indicate that there is a level of exuberance that is a little too much for it to hold long term and you would likely see a retraction and price.

However if 160 happened 6 months from now it would not indicate that level of excessive exuberance. it would indicate a more slow steady adoption.

So that's what I mean when I say right now it's indicating a likely top end if it happened say next week (which it won't) of around 160,000.

So we're probably nowhere near a short-term top end at 100,000.

Doesn't mean it won't see the NORMAL Bitcoin variation of 10 and 20% which can happen weekly which Bitcoin is known for. but as far as more long-term retractions it's unlikely unless Bitcoin reaches $160, 000 in say the next week or two or three or four.


This price exuberance indicator holds true for any investment that reaches a lot of public attention. It holds true and held true for Tesla stock cycles it probably will hold true for gold price cycles as gold is suddenly becoming a very popular investment. It holds true for almost any investment that receives widespread public attention that gets a lot of people to jump in.