Market cap at $205 billion. When you consider the dot com bubble was around $11 Trillion by today's standards (when you adjust for inflation), I don't think we are anywhere near popped. You have all the major exchanges reporting rapid growth. Binance reporting higher 1st Quarter earnings than Deutsche Bank.
This is the only the beginning. Charlie Lee said it best last year on Twitter when he said, "I bought Bitcoin at $30 and watched it drop to $2. If you can't handle 90% losses, don't be an early adopter."
I agree to some extent, this is hopefully a bubble within a larger bubble, if that makes sense. However, this time is very different from when bitcoin was $30 and dropped to $2. There wasn't hundreds of billions of dollars in the ecosystem. It was also much easier to manipulate prices back then. Unfortunately for long investors, I think it will be much harder to manipulate prices upwards going forward, though I that is just a hunch of mine.