Bitcoin surge

ccmut(41)
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#bitcoin
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Between north korea and texas being under several feet of water people are searching for a safe place to store there wealth and for many this place is bitcoin. At the time of this post bitcoin has reached $4800 us dollars and could push past $5000 any time.
What will be the consequences of this new found public confidence in bitcoin? Are we headed for a major correction?
According to some there will be but I tend to think the skys the limit and short term correction or not we are going to new highs first in bitcoin then over flowing into the rest of crypto. These are interesting times.
Where will we go from here?
Please comment with you opinion good and bad