Now it is evident that Bitcoin price is at an all-time high. Prices have risen steeply, far too fast for my liking. I don't think such a growth is sustainable. The bubble is going to break very soon.
We just spent a month in a sell off from the last high price mark. What makes you think this is a bubble? Asset bubbles usually don't have sell offs like we've seen recently. Sell offs are healthy and what we're seeing now is support building back up for Bitcoin.
What's causing the hype? The press. There's a ton of articles each week about Bitcoin. And much of this press is coming from mainstream news sources. Those mainstream articles give credibility to bitcoin for those people that are afraid of subscribing to the technology without the illusion of a "qualified endorsement"...as if Forbes or Business Insider or the Wall Street Journal is a qualified endorsement of bitcoin or blockchain technology!
The best sign of the market being bullish on an investment is how quickly the recovery comes to a sell off. I'd say this recovery has been quite quick! Enjoy the run!