bitcoin is rising like this because its adoption is growing. there are more people coming in and demand rises hence the price shoots up.
True, but we can't rely solely on new money constantly coming in to maintain the price, otherwise that would just be the Greater Fool Theory in practice. And new money is unlikely to enter much for the foreseeable future given the ongoing price crash. The price has to come from bitcoin being used, and all the people just buying and holding waiting for the price to "moon" aren't helping that.
He made the comparison because it fits his outlook on the situation or the agenda of his master

.
Just another FUD.
I agree that the comparison to the Japanese stock market isn't the most valid, for the reasons I states in my previous post, but writing off everything you don't like as "FUD" is neither smart nor helpful. Everyone needs to be aware that yes, we could rally again next year, but similarly this could very well be the start of a several year bear market. No one knows.