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That chart tells the story: pre-pandemic, prices were usually around $300-$400 with a 2018 spike up to $600. Now at around $850.
by thehappypm 5y ago
That chart tells the story: pre-pandemic, prices were usually around $300-$400 with a 2018 spike up to $600. Now at around $850.
- toss1 5y agoyup, and on a steeply declining trend, looking like a classic mountain profile of a bubble chart, headed back down to the long-term trend. So, yes, you'd still be in the profit zone had you invested in long-term futures pre-pandemic, but left a lot of money on the table by not selling in the last few weeks. perhaps it will change and continue up again. Are you putting any money on that trend? I'm neither long nor short
- toss1 5y ago...aaaaand a week later, it's down to $737, another 14% loss in a week