Exactly! But if we start another bull run too soon, there's a distinct possibility it will abort halfway through. If exchange infrastructure buckles under load across the board, it could cause panic - because (from the public's perspective) what good is an exceptionally volatile speculative asset - if you might not be able to sell it when you want to: when it starts crashing and you should be buying, because you already sold into the masses' greed, but of course in the real world "Bulls make money, bears make money, pigs get slaughtered".
If we run with the bulls again too early - this could be a bubble in the end - if it rises too fast, without anything to support it... Personally, I'm working towards creating a reality in which Bitcoin Pizza Day marks the start of a Grand SuperCycle, but I recognize that at this point it could still go either way.