Our $750 threshold is kind of like the $120 of October 2013. When we move toward the all time high in earnest, we will blow by it quickly and shoot up. $5000 seems like a reasonable estimate for the new ATH one year from now after we crash back down to ~$2500.

Adoption is happening in a big way all over the world, but what will happen before mass adoption is smart money adoption, and this is the phase we are in right now. The buy demand is there, it is just in no hurry to get in for fear of moving the market.