Dear @knircky, it is very interesting what you are writing and it seems that the next crypto bubble can happen if traditional financial system will get a broken like in 2008.
That crisis generate Bitcoin, but now there are a lot of cryptos which can get benefit of another financial crisis.
I think institutional investors are keeping crypto market in the bottom thanks to their money power, but when they will no more able to keep this situation we will see another bubble but with more strong power than last year, this is my tought and your post is somehow give me a credit...