I think we are entering another super-cycle but there is still going to be a ceiling on stable price, which can be temporarily overshot, due to the cost of mining taking up too much of the world's energy consumption.

https://bitcointalk.org/index.php?topic=694401.msg9186092#msg9186092
https://bitcointalk.org/index.php?topic=694401.msg7841448#msg7841448

Would be helpful to run these numbers again.