People who expect to see Bitcoin soar the way it has in the past are going to be disappointed. The crypto market is fundamentally different now. Bitcoin is mainstream and the number of new potential buyers has decreased dramatically. Furthermore, there is tons of competition among alt coins. It is now just as easy for anyone to buy any of the crypto offered on Coinbase, so why would they choose Bitcoin given its well-known technical issues?

I won't be surprised if bitcoin continues up for a little bit, but the days of 10x returns are over. There have never been fewer reasons to buy bitcoin than now.