The mass adoption of Bitcoin for businesses and others is our hope
Hope for what ? For the pump/bull ? . These mass adoption are only optional because bitcoin and cryptos can perform verry well with or without them . Have you noticed before when cryptos are not yet popular ? There are still a demand for them and the price still sky rockets .
Despite the fact that what you said is true, bitcoin could still holding on even if there's only minor merchant accepting it, however as satoshi has said from the beginning that bitcoin was created as a meant for currency and currency is used to buy something, used for trade so there's nothing wrong in hoping that mass adoption will come for bitcoin, it's simply because more bitcoin users will have the conveniences to pay goods without the need of converting back to fiat.
Let's just accept the fact that for Bitcoin to increase a much more greater price it needs to reach more people because more users can create noise and that's the time big businesses will start to accept Bitcoin as one of their payment method then the market capitalization of Bitcoin will eventually grow.