Yes, I believe Bitcoin is bubbling as it has done several times before. If you look at the 2013/2014 bubble you will see uncanny similarities. I do believe Bitcoin will go up to $20-30K, but I also believe that before we get there we will see a crash of massive proportions. Just like how last time we went from $1200 to $200 and for years Bitcoin was declared dead. I think we're going to see a similar period at some point. Not sure if it will last as long as it did last time, but nobody knows. Truth be told, I expected this massive crash back at around $7500. I did not expect Bitcoin to go to $11K quite yet. So who really knows..?
Thats why you don't invest anything you need. Just put money in it and consider it thrown away, almost. If Bitcoin drops to $1000 I would not be worried, because I am not counting on the money. I will just keep hodling like I always did and wait for the next massive bull run that brings us to a multitude of what it is now.