A bear market will eventually occur as bubbles always end with. But for now I think the trend will still be bullish and rallies will keep on coming. I can't see why bitcoin cannot skyrocket to up to $25k-30k still from this point considering how bullish people are and how willing they are about buying bitcoin now compared to 2 years ago when price was cheaper by a mile.

It'll be interesting when the crash happens, though.

As you said, family and friends are now dying to buy bitcoin at 5 digits which worries me. They ain't prepared for a crash.