No. This is faulty logic. It assumes that its just as easy to go from $150 to $2500 as it is to go from $15 to $266. This is just not true. The amount of cash into the markets to make this happen is an exponential amount.
It holds if the volume of trades in both periods ($150 to $2500 and $15 to $266) is the same, but it doesnt need to be the case
Yeah, if the volume of trades is the same - but for the volume of trades to be the same the currency volume is exponential. That's why its not going to happen. Not until a billion more dollars finds its way into the market.
Once we get a billion more dollars of liquidity, then lets talk about going to $2500, bubble or otherwise.