Big fight going on between $87 and $89. Wonder which side will win out in the short term.
At worst, we dip to like 85 or 86 until the Asians and Euros take over again and bump it up while the American bears sleep.
This is the fallacy in your argument. No one is claiming Bitcoin will go up forever.
Piggy backing off this: Exactly, no one is saying it'll go up "forever". Just up by a lot because we can look at bitcoin and see what it can do and it's potential. We can look at this potential and guess a price.
What bears like ElecticBugaloo and Proudhon (assuming he's not just a lulz troll) do is saying bubble because. Then full stop.