I would assume so.
Reading that bitcoin is just in its early phase, whether you call it a bubble or not, but institutional money and real human capital has just started to flow into the space.
Just like how AAPL was the stock of the decade, and every fund manager had to have that in their portfolio of assets, BTC is proving to be just the same, and money has only just started pouring into it. It was only just about 2 months ago that the price was $2000. Considering the current price, no one can say where this will head to.
Even China's attempt to ban ICO, which for 2 days brought down the price of bitcoin was a temporary setback in the price of bitcoin, as the price has rallied back to its previous value.
Some countries will soon legalize bitcoin as real currencies, thereby creating competition, and could set off a competition with other countries willing to do the same..
These are just a few of the things at the top of my head