One thing: I believe this should be posted in the speculation section, but it should be fine for right now.

Bitcoin may always be a form of bubble. There will always be whales trying to buy more and encourage many people to keep buying. What follows these bubbles is correction periods, which do even out the price to much more of a "true value" even though there is no physical backing for bitcoin. This cycle will just continue to happen until we see a huge drop or some stabilization in the bitcoin price through some form of centralization (which defeats the purpose of the coin and should not happen).