I disagree on that cause i still believe that bitcoin can go back to its last ATH this year and make another record high next year. Bitcoin is so powerful asset.
the first jump was mostly caused by non-crypto guys who saw a big small jump and kept buying in BTC and by that time most known coin was BTC and yet it is but it is not the best solution too, but the new ones in the market only know it, this can be repeated, and if it gets repeated will be higher than before, but it has a lower chance, I expected it to rise during a pandemic but instead, people went for gold as usual.
the point is we will never know because it is the biggest use that it is placed on all changes, and high market cap and thousands of different wallets, and now ATMs.
the difference is now bitcoin shares all its fame and integrations with thousands of altcoins it is weaker than before. and harder to reach but still possible, who knows?
non-crypto guys seems to bring attention to crypto just this year as to all digital in order to make money somehow you know
non-crypto guys are the whole world except crypto guys, the world is seeking for better investment/source of money every day, 99% at least are excluding monks
but in general, the more people dive into crypto world the more market cap the more buy/sell and faster sell for us
they lose we win till they become apart of the crypto world or just lose it all and leave with bare hands