bitcoin will never ever go up again
the reasons are:
1. technologically outdated, there are better and faster tech basis available, why by bitcoin when its price rise nimbus and hype is gone, and its tech is outdated? do people still buy iphone 1s or old mobile phone?
2. still high costs.
3. slow.
3. propagandistic competition, there are more than 1500 coins now, that challenge communist rule via central banks, the original small bitcoin community is gone an entire new decentral financial market is now in existance
and those holding the altcoins dont have reasons to talk good about bitcoin
Well said but you also need to mention that the cat is out the bag about the Lightning network being
a system of banks and that USDT might all be fake money and its been used to pump Bitcoin