It will be going sideways until LN is released.

Devs have been testing it and showing zero fees to buy coffee with bitcoin. If it is released, and turn out to be a success, price will go fast to 50k.

Right now, fees are more than 350k satoshis per kilobyte, for a one-hour confirmation. It's insane, and people would not move their bitcoins to a exchange to sell, nor will buy more, knowing most exchanges will use those same fees. Less sellers decreases the supply, but less buyers decreases the demand, that's why it is going sidelines.