Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.

One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.