Someone told me the other day that they are not worried about the next ATH, they are using Bitcoin as a currency and that it does not matter what the price is, but in a way they are wrong. When you first bought bitcoins, you bought it at a specific price (let's say $10 000/BTC for this example) ....so if you do not spend it immediately.. and the price goes down to say $9000 ...then you would lose $1000 in spending value.

The opposite is also true... if the price goes up to say $11 000 ... you have $1000 more to spend.. This is why the next ATH is important, because people want to maximize their "spending value"     (Even if they do not convert it back to Fiat currencies and just pay with bitcoins)

Perhaps, we can see that most of the altcoins now are increasing that could be resulted from IEOS, and demands from investors, I also have friends that are already buying altcoins because of the good market condition, if bitcoin is still not reaching ATH, it is because there's lack of events that could drive investors to buy bitcoin.

So far, I am already happy that cryptocurrency marketcap as a whole is showing good prices which is still good for bitcoin, as for me, the higher the cryptocurrency market cap, the higher the price of bitcoin will be, if it shows bullish trend since most people might sell their holdings.

We should enjoy what we are seeing right now and stay focused with what bitcoin will deliver.

High chance that there might be another good run after touching the $12k, a test and will try to do it over and over till it breaks it reach another position.

Everything depends from investors from how they will treat this action and keep the fire continue
a better chance to everyone who entrust their investment with this asset.

I never had any expectation for short term valuation but in the long term there is no doubt that the price would soar to new heights, right now if you look at the market the support is really strong and whenever there is a major sell off there are strong handing buying those coins which is a really great sign that the price would move higher but to reach its all time high valuation or even reach those levels there is plenty of time but if there is a sudden pump in price i do not mind booking my profits .

I think we are still far from seeing a new ATH so there is no need to be excited but I think we all wants to see it happen as soon as possible.
I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.

That's too conservative estimates, remember that we hit almost $20k, so your prediction might be hit this year or early next year. I understand your concern, we have this happened back in 2017, but there's also what we call cycles here, boom and bust, bubble and burst. And there's no such thing as sustainable price or the price going on a parabolic rise.

Better be ready though, I'm seeing around $50k-$70k or even higher if we went on another bubble in the next couple of years.

   It's harder to rise from zero to $1000, than from $8k to $20k! I don't wish to bother you with percents, but what bitcoin did before 2017
was much bigger and more important.
    My thought about new ATH is that we can expect that to happen! When exactly I don't know, I am ready for waiting, if it happens this
year it will be great, but even if we need to wait next year, or the one after it's not matter for me, I am equipped with patience and
ready for waiting.
   

I started the very same topic recently. You might find some more predictions here https://bt.irlbtc.com/view/5265902.msg54909135#msg54909135

I am really tired of people always trying to associate everything that happens with Bitcoin price being bullish. Before the Coronavirus pandemic started, everyone was talking about the next Halving, now it seems they have all forgotten about the Halving and are now talking about how Coronavirus will make people adopt cryptocurrencies (Bitcoin especially) and lead to a bull run. Let’s be sincere here, if there is anything that is going to make people adopt Bitcoin, it’s not going to be Coronavirus, like being serious this situation will even cause people to be selling whatsoever assets they have in their possession.

Basically bitcoin do have 4 year cycle which usually starts after every halving, people do remember this secret do start investing right now to catch cheaper prices before everyone else. This usually trigger FOMO which must be the primary factor for all bitcoin rally and mostly it will end up in bubbling of prices.

I just pulled my bitcoins earlier at $11,800 coz I feel that there will be a dump in the next 2 to 3 days, and I'll just buy again when it reaches the price support ( I hope I'm able to buy that time) I can do it easily with my local wallet, I can just convert it to bitcoins whenever I want. This is just my prediction, if this will not happen then I'm gonna punch myself straight. I see it going down to $9.5K and pump again to $13,000. Then from $13k it will dump to $10,800 and will rise to $15K. I'm gonna scream if this happens. However I'm not feeling a new ATH this year, a negative call for me though I quite hope for it.