I have no problems seeing a bright future for BTC, but after a major retracement it might again take many years to recover. Look at the last sell off down to $3700. It took almost 4 years to make new ATH.
So should this be the major, expected drop, it could again take many years for BTC to reach 100k.
Many people will be dead before BTC will reach 1 mio.
Man, you cannot compare every bullrun from 2017. It was completely different.
Have you seen many institutions, big names, and companies coming in in 2017?
Have you seen ICO's trying to pump everything in crypto market these days?
Absolutely no.
Before we end this 4 year cycle, we're already passed $100,000.
And we're not in a major retracement, we're still in a bull season. Until the strong support don't break, we're not seeing any major retracement.