Bitcoin is not a bubble as well, but to my opinion market is in need of stable coins , which are backed by resources - in the consolidation with commodities it can be very good opportunity to back cryptocurrencies and secure risks. Also controlled emission is very important.
Bubble is when something is being priced at a rate that it’s not worth. But Bitcoin is not a bubble, and you can even tell from what it happening right now. The price rate of Bitcoin is being determined by the rate of demand, although it is highly Volatile than other cryptocurrencies.
The price rises quickly whenever it will do and also falls quickly when it does. So Bitcoin is not a bubble, it’s just some haters that keeps saying that. The worst part is that they can’t join, and also don’t want others to join.