There are no slow confirmations, there are no exorbitant fees and SegWit is surely not a hack. SegWit is only at 20-30% currently, and if everybody was using it, fees and confirmations would be even faster. Combine that with the fact LN is being developed and there is essentially no way Bitcoin will be worth 1k in the next 5 years. Oh and I left out the halving which also should surely increase the price. Lest we forget the hashrate too that has been ever increasing. Literally all signs point to bullish, despite the price action as of late.