I do not believe that the price of bitcoin can go out of control. There are people who have a lot of coins. They can't release control over the pricing of their hands. As a result, they can lose a lot of money. It seems to me that they turned the pump on purpose. Perhaps speculators are afraid of futures and preparing to leave the market of bitcoin.
Bitcoin is decentralized one,
lol? what are you smoking? Big $ control bitcoin.
You think normal users own multiple $10-20 mil farming ops in their backyards? There's nothing decentralized about bitcoin.
The more it approaches its max mined coins, the more centralized it gets.
Big $ players will accumulate most of it.