Without massive inflation its hard to justify the price, supply and demand should reduce demand. Unless huge $ are being earned in AI the money or need to acquire more of the high end product will reduce. Many purchases were made in desperation. They may think twice about buying more.. of course maybe with the halving of bitcoin, and the ETFs it's the only game in town.
Hi Michael! I think the title and the subtitle don't really match the content of your piece?
If undervalued is being replaced by overvalued, it should sort it self out.
Without massive inflation its hard to justify the price, supply and demand should reduce demand. Unless huge $ are being earned in AI the money or need to acquire more of the high end product will reduce. Many purchases were made in desperation. They may think twice about buying more.. of course maybe with the halving of bitcoin, and the ETFs it's the only game in town.