Indeed Bitcoin is in another bubble but the good thing is, it is yet to burst. We are still in the early phase of its inflation unless something drastic happens like institution shorting or authority trying to manipulate the price and other unexpected events, the price surge will continue. So it is not time yet for the Bitcoin bubble to burst in this cycle.
I don't think it's into the bubble stage yet. because Bitcoin is just back in late 2020 and Bitcoin is doing very well right now and in my opinion, the world economy is getting very tough with the Covid-19 epidemic and People are very shy about communicating with each other, so Bitcoin has emerged with superiority. so it will increase so let's just have fun and welcome the happiness that Bitcoin brings.
I wonder what you call a sudden surge of Bitcoin price in just a short span of time?