It may take time to get there, but I have a feeling that next bull will be a memorable one. So many smart people working on infrastructure, solutions, improvements. Next time the bull shows the value proposition of Bitcoin will be so clear, so apparent, that every average person will understand, and this time, unlike 2017, we will have a lot of people boarding but not leaving.

Each prior supply halving in bitcoins history has been followed by a massive bull run. the halving is what triggers it, then price begins to rise and eventually explodes because of FOMO. It then settles at a price that warrants the new rate of supply. The last halving was in mid 2016 which was followed by a small rally up to $1,000 then a FOMO fulled bull run. this is just the natural process of the free market adjusting to the new rate of reduced supply.

You got some facts but the cryptocurrency market is unpredictable. I don't know why some people can't differentiate the market bull run and a market pump. when there is a market bull run the entire coins in the market both bitcoin and altcoins price will be growing while the market pump usually happens to 1-2 coins. thus, if you look at the current situation you'll discover this is just another market pump for bitcoin, not ethereum, ripple, or eos.