Tail Risk Facing Bitcoin Investors

Bitcoin Investors May Lose Everything, Central Banker Warns
https://www.bloomberg.com/news/articles/2021-01-29/bitcoin-investors-may-lose-everything-central-banker-warns 

India Plans to Introduce Legislation to Ban Cryptocurrencies
https://www.bloomberg.com/news/articles/2021-01-30/india-plans-to-introduce-legislation-to-ban-cryptocurrencies

Behind the Bitcoin Bubble
https://www.wsj.com/articles/behind-the-bitcoin-bubble-11612125537
 
What’s Next for Crypto Regulation
https://www.nytimes.com/2021/01/30/business/dealbook/crypto-regulation-blockchain.html

My take:

https://thehill.com/opinion/finance/532811-what-is-behind-the-recent-surge-in-the-price-of-bitcoin