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.
We need not to lose our hope, we must into the positive side which could really people from trusting again into bitcoin. Though people says it a bubble, and yes it's true but it won't make bitcoin from losing it's capability in the market as it marked the name of cryptocurrency in the world history.