I strongly agree with you, but I expect that the acceleration phase will be triggered next cycle; I feel something still need his time to spread and stick in the social actors. 
I also think that the past cycle was weak in terms of price appreciation because of a peak-of-shitcoinery and various external factors, so this cycle expect a sligthly better performance over the past. 
My nostradamus 2 cents, I expect to be surprised as always happens...