Safe to Say Bitcoin Is a Bubble or Do We Need to See $1000 First?The Bitcoin and stock market implosions continued after hours. In December, Bitcoin was at $19,000. It's now $6,200.Author:MishPublish date:Feb 6, 2018CommentIs it now safe to admit Bitcoin was in a bubble?To all you would be dip buyers, I have one more question: If you did not like Bitcoin at $6,000 on the way up, is there any reason to like it now?Mike "Mish" ShedlockScroll to ContinueRECOMMENDED ARTICLESHow Long is the Lag Between Fed Rate Hikes and Real World Activity?Why Do We Have Reduced Participation in a Labor Shortage Environment?Demographically Sobering Thoughts on US Employment in the Next Five Years