Based on past experience, Bitcoin will cut production by half in the next year, and this year is suitable for shocks and steadily rising. But the market is changing. No one can predict the future.
Indeed. The market still unpredictable wether when is the end of bearish or start of bullish. But bitcoin price can be signal for those events. Along with the adoption of blockchain and cryptocurrencies, I have the same opinion with OP that bitcoin is taking its position to rise.