The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
Sure we will see price go back up to 20k or even higher. The real question is "when?". Unless someone invents something as innovative as bitcoin once was... In this case we, the bitcoin hodlers, are screwed
We, the bitcoin holders are not screwed. We just need to have a bit of patience. The price will rise again, well have more epic bull runs as the years pass. We just cant control when, its not a short term investment, if youre after quick profits then bitcoin is not for you.
Everything what you said is true if bitcoin remain uncontested. There's still a possibility that something greater than bitcoin will emerge (I sure hope it will not in upcoming years, but it is still possible)