I don't think it's just a bubble. People are finally waking up en mass. They're seeing that the centralized banks and governments can't be trusted. They're taking their money out of the hands of Big Bankers and governments. (Cryptocurrencies are a great way to avoid taxes.)
I truly believe that this is part of the coming revolution. As long as people don't start falling back to sleep, I don't think cryptocurrencies will collapse. Any that do collapse will most likely be from problems with that specific cryptocurrency.
Thanks for your insights. I feel like something which will keep crypto high is the need for wealthy individuals in China and other socialized countries to keep the value of their currency established by taking it out of their inflating fiat ones.
I hope you're right but I still don't see anyone around me waking up and wanting to use crypto. I think this bubble is most likely some of the big industry players starting to put in their money. Along with the massive exposure and huge announcements of support by multinationals via the Consensus conference this week.