Bitcoin is a currency, it goes up and it goes down. Good for spending. One day it will butst again, it’s no big deal because one btc always = one btc! There’s no telling what the environment around btc will look like in the future, so don’t act like this bubble tulip 🌷 mania not gonna burst again next year cause i e thing i learned is that btc does well is damp. Nobody knows what the future holds, anything can and will happen to btc in the future. It is volatile, I would not be surprised to see it under 10k again one day!!
In ancient tines Rhodium boomed too like bitcoin and bust centuries later to boom again! BTC is still young, u never know!!
Look at the time frames. Things that continue to trend higher over a 12 stretch generally aren't said to be bubbles.
Rhodium was a bubble for decades at a time, huge booms and busts. I expect btc to be max volatile! Everything is a bubble right now (except HIVE) haha, pop pop pop!
I actually think bitcoin is a bubble. The use case is quite low. Personally I think other cryptos will take over with more progressive development. Btc transfers cost money and slow that's even worse than my fiat banking.... 🤣