BTC has got a confident position on the current cryptocurency market thanks to this hype. But I don't think that it is overhyped because its potential is not opened till the end.
Bitcoin is still a fast moving crypto, even after so much ups and down bitcoin is still no.1 in the list. So I don't think it is a hype because of it's potential lot of people showing interest in bitcoin that is the result of which some are saying it as over hype.
No, definitely not. It is the first cryptocurrency, the father of alts, the first crypro that is legalised as a state currency in Japan. It's one of the best coins for investment and long-term hodling. I'm actually surprised that many people do not know anything about BTC, it's definitely not overhyped.