Below is a chart that shows the stages of a bubble bursting and the aftermath:

I agree with this, maybe more flat instead of up like that, except for the very end final capitulation. Why? Because unregulated. This market has proven too volatile time and time again for good traders to ever leave it. And it just keeps expanding. Some will argue it has already gone mainstream. Mainstream in the sense that it is known, yes, but utilized - no. We have to see that. The question is then will that happen? If it does we see new highs.