@chengal9
I see a lot of institutional investors put a lot of emphasis on the "over-exuberance" of Bitcoin, yet little emphasis on the record levels of debt the US government is maintaining year over year, debasing the US dollar.
So yes, perhaps we are nearing a bubble in traditional equity markets.
But Bitcoin? No, I think we are still early.
https://www.oaktreecapital.com/insights/memo/on-bubble-watch