I can't help but thinking that this is going to end very badly. There have been minimal to no corrections since late 2015, with corrections becoming more and more minimal towards the current price. The price has risen 3x this year alone, and risen 11x since late 2015.

I know that generally Bitcoin owners like to hodl, but at some point everyone will start to take profits and shit is going to hit the fan with the ensuing panic. I think a correction is right around the corner, and it will be pretty ugly too. I am thinking it will probably go back under $1000 for a little bit.

Of course it will rebound eventually, and I expect new all time highs some time afterwards (it will probably take a few years to recover like last time), but I just don't see this trend continuing for long.