A bubble is little more than a bull market in which you are not participating, goes an old saying (or something like that). Perhaps along those lines, this month's Bank of America Fund Manager Survey has bitcoin (BTC-USD) as the globe's most crowded trade (replacing tech). Trouble is, of the 217 surveyed, collectively managing $596B in assets, what percentage is even allowed to invest in bitcoin? We'd guess less than 5%.Bitcoin this morning continues in a narrow range between roughly $34K and $37K, currently changing hands at $36.8K.In other crypto news, Ethereum (ETH-USD) a short time ago finally broke out above its January 2018 high of $1,389, rising to as much as $1,439 before pulling back to the current $1,396. Bitcoin, of course, surpassed its bubbly 2017 high back in early December, and then proceeded to double over the following four weeks.Names of note: The Grayscale Bitcoin Trust (GBTC) and
