The downside bubble is soon going to collapse soon. Right now we have Wall Street, Asia (taxes), and the double dose of FUD by the media creating a massive Bubble to the downside that even broke 10k at once, and may break it again.
But this bubble is going to POP really really soon - guarantee it.
Why is it that some people only talk about bubbles to the upside? We are definitely in a downside bubble right now for Bitcoin. For alts, I agree there was a large upside bubble. But Bitcoin hasn't even moved much recently. Definitely a downside bubble for a 0.5% adopted currency, and store of value.