all this is completely normal in financial markets and has nothing to do with bubbles or bubblegums ;-)
Yeah, because as we all know bitcoins can only go up. Buy now or be priced out forever. The bitcoin supply is finite and the demand is infinite. Just like houses. You know, they are making no land anymore.
There are never any bubbles in the markets and everyone will be rich. You just need to buy.
As much as we all dream about ever rising bitcoin value,
there is not a single financial or commodity or land or housing market that goes up in a straight line.
And cuurently there may be some people interested to drive the bitcoin value down to be able to buy cheaper again.
this could be the reason why someone crashes bitcoincentral bitcoin value to 0.1
this can be done with minimal funds as the market is so illiquid.