That's really big. Every user of bitcoin feels a panic in the inner mind, whether the price sustains or should we go for further as an investment or for trading purpose. Somehow reaching $1200 gives every user the profit, even if its sold now. With the ongoing volatile increase can expect the price moves to stay sustained for a long time without falling back during the time when the ATH was reached in the past.
As always, we are rising at the so called wall of worry. you either have the nerve to keep it playing, or you jump out of the train at lower gain.