"The report says that “something needs to go really wrong” for Bitcoin not to increase in value. "

Erm, such as?

The price is still being batted around by small numbers of people on Bitmex. Until the hordes arrive I can't see much changing and there's little sign of them for now.

This reads like it was written by someone with little knowledge of previous cycles. Ask many people here and they won't expect much of this year. I for one do not expect it to get anywhere near 20 big ones this year. Fine with me if it does.

And they do realise Tether is also used to exit Bitcoin just as much?