Couldn't agree more @majes.tytyty. when considering what a bubble may look like one must determine what to compare it to. Currently the options for comparison are themselves highly inflated so as you say we may be seeing unnaturally low butcoin pricing at the moment! It's exciting and terrifying times all at once.
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Yes, indeed ... exciting because any holder of precious metals and cryptocurrencies can feel safe, secure, and optimistic. But also terrifying, cuz when the shit hits the fan and economies start collapsing, it's gonna be ugly everywhere.
Ugly in terms of massive destruction of wealth, and possibly in terms of .... massive destruction from a convenient war.
Peace.
You nailed it @majes.tytyty!