My only concern for now is the transaction fees. This problem could scare away a lot of Bitcoin investors and users especially the people who are using it in a day-to-day basis, weekly, or monthly for their employees' wage and other stuff.
I can see a lot of members here in the forum who had been switching to other cryptocurrencies that has lower fees and that's not a good sign. If this will be fixed as fast as it can be then that bull you are expecting may still happen. Although I don't know when that will be.