yeah a bubble.
at 5500 it was a bubble
at 4500 it was a bubble
at 3500 it was a bubble
at 2500 it was a bubble
at 1500 it was a bubble
To be fair in the fall of 2013 it went from 92 usd to 1200 usd
and by Jan 2015 dropped down to a slow as 180 usd.
So if it did it once it could do it again.
It's not goos but yes, bitcoin is really like a bubble. Why? Because everything can affect it's price like anything can burst bubbles, it just needs some words and ops, bitcoin price can fall or rise by 10% in one day. This means it's easiest to manipulate coin and current price is nothing but a fake combination of numbers by big players in crypto world. It really makes me anxious that china can manipulate bitcoin by saying only one proposal.