With current volatility, it can certainly seem that way. It's definitely a bubble that has grown very fast. Only time will tell I suppose, egulation being the big one to Watch out for. Perhaps regulators can make it a bubble if they so wish.
Not a bubble for sure, it has a real technology and with the limited supply the price will certainly grow since whales love to hold.
There is a correction but eventually the price will be back up soon, that is bitcoin and that is how powerful it is.