Bitcoin bubble? What if it is just a beginning

If the bitcoin follows exponential trend as we saw during dot com bubble, Bitcoin might continue with its growth and might reach 35k USD by summer 2018.

See Bitcoin chart on logarithmic scale chart below. Bitcoin is right now at the top of its uptrend channel and might pull back to its down side (around 3300$ USD).

One quote about dot com bubble:
The 1990s was a period of rapid technological advancement in many areas, but it was the commercialization of the Internet that led to the greatest expansion of capital growth the country had ever seen. Although high-tech standard bearers, such as Intel, Cisco, and Oracle were driving the organic growth in the technology sector, it was the upstart dotcom companies that fueled the stock market surge that began in 1995.

The bubble that formed over the next five years was fed by cheap money, easy capital, market overconfidence and pure speculation. Venture capitalists anxious to find the next big score freely invested in any company with a “.com” after its name. Valuations were based on earnings and profits that would not occur for several years if the business model actually worked, and investors were all too willing to overlook traditional fundamentals. Companies that had yet to generate revenue, profits and, in some cases, a finished product, went to market with initial public offerings that saw their stock prices triple and quadruple in one day, creating a feeding frenzy for investors.

Do you see any similarity with ongoing ICO mania?