That's not how a market works. First it overshoots its "true value" because of a buying frenzy and then falls back down, rinse and repeat. I can't speak to whether right now it is still on the rise, or if has overshot its "true value" and then it's going to drop. Some people believe the former, others believe the latter. Differing opinions is what makes a market.
So far, momentum is on the upside, but don't think that it will just neatly and asymptotically reach its "true value". Expect a lot of volatility. The fact there isn't a lot of volatility here means that consensus is that prices will continue to rise.
So far, momentum is on the upside, but don't think that it will just neatly and asymptotically reach its "true value". Expect a lot of volatility. The fact there isn't a lot of volatility here means that consensus is that prices will continue to rise.