I agree. Virtually, nothing prevents Bitcoin to skyrocket once again. So, I think that it’s a temporary pause and soon we will see it conquering new highs.
There can be the obstacles, no doubt. For example, market makers may decide to drop BTC, using any formal reason. For example, they may come up with another series of clampdowns on crypto exchanges. Information campaigns can be launched to compromise BTC.
It feels like the world is welcoming blockchain, but on another hand, traditional economies with their fiat currencies will do their best to defeat their digital rival that showed up from nowhere. Today, the world and economies are busy with COVID and have no time to clash with cryptos as they did before the pandemia. So, I think once the global economy recover, cryptos may be bullied again. Of course noone can be 100% sure about it.