Speculation got us this far and some of it snowballed and brought in more people, now utility has to come through and give some worth to peoples interest. That was always going to be more important, either theres something gained by society's involvement with crypto or it'll be an empty promise and the speculative promise diminishes.
I can't see utility coming through. The mempool backlog has dropped because no-one is using bitcoin anymore, they're using alts to move money. The few transactions there are are from exchange to exchange.
Steam, Stripe and others that disabled bitcoin have not changed their minds. And there have been no new merchants saying they'll enable bitcoin, but plenty have enabled ethereum, litecoin and other alts.
I think we'll struggle back to $15000, and then drop back in earnest when it becomes clear that the action is in the alt space.