A new ATH on the longer term is likely but this current bear-market isn't going away for a while. The last peak was at least 95% speculation; completely average people without any knowledge about crypto stormed the market because they saw other people making massive profits very quickly. The inevitable crash after the peak now has spooked the 'noobs' away with panic-sells and all. I'd be surprised if we see the next ATH in 2018 but who knows!