I feel like BTC at $8000 is still overpriced. Due to high fees and slow confirmations, it's not really suitable for payments. SegWit seem like just a hack to me. I know we are all Bitcoin optimists here at the forum but is anyone thinking that Bicoin is gonna go down to $1000 level in the next 5 years?
Bitcoins in a 5 year long bear trend, that just doesn't sounds realistic. Yes bitcoins cut hit 1000 or less, but that will not take 5 year to get there if this downtrends continues.
I think it will turn to a bull market again.