Most likely true as Bitcoin will be a series of bubbles until and if mass adoption takes place. In the mean time, I would rather have the maximum amount of bitcoins.
Time to buy is when the BTC price is in a bubble of plumbum.
I would hardly call this an inverted bubble just yet, the price is still near 100. Watch over the next week where we will see smaller and smaller rallys on the price. Highest low point I can see is 85 USD. Then I'm sure we will see another take off to 200+ before end of the year.
It's summer, everyone is holding fiat while the party lasts and the sun shines.