This sounds like when the dotcom bubble burst, and the so-called experts were saying "No, this is a GOOD thing! All your favorite stocks are on sale!"

The thing that propelled BTC from 200 to 1200 was the news that BTC was gaining popularity in China. If this news turns negative, then what is keeping the price high?

Then again, given BTC has been so strongly bought up, if it gets bought up here, then it just means it will keep skyrocketing, since buyer sentiment hasn't changed one bit.