Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.
Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.
Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce. If something is scarce and many people want it, then, its value will eventually increase.
So.. Bitcoin is not Bubble!!
I believe bitcoin is a bubble, you can see that by 2017 the crypto market has seen a boom in bitcoin prices, as bitcoin prices have grown exponentially and soared up to $ 19800, and soon after Bitcoin prices have dropped sharply in just 6 months. There was a time when bitcoin prices fell to $ 5800 and now have recovered to the $ 8100 mark. According to my analysis, bitcoin prices will probably continue to fall sharply in the near future and may fall to the $ 4,000 level by the end of 2018.