It's just markets being markets. During the 2013 bull cycles we saw supply dry up on the exchanges in a similar fashion. Lack of supply combined with mainstream media hype and a solid 2-year bull market? That's enough reason for a parabolic rally! The general theory with blow-off tops is "the higher it goes, the harder it will fall."
I am very affraid of it too., that is why i'm not buing BTC now, and wait for some correction