I would disagree. The pump seems far from over right now, and in fact we are nearing teh $4000 mark once again. I'm almost certain that it will be able to breach that $4000 level and potentially go up to reach an all time high before the end of the year.
Though, i have the feeling that bitcoin may be in a bubble right now.
It's just that the bubble will not completely pop this year. We've seen it deflate a little but i would say that it'll go up even more this year before the potential crash next year.