Look at the long term charts, Bitcoin's entire existence has been a rally, and that will continue in the forthcoming years. People should ignore the peaks, since they only display the speculation aspect of this market, which is never a good indicator/metric. If you follow the line of all the previous bottoms, which is more an indicator of the actual value, it clearly shows how much the price has actually gone up throughout the years. People focusing on the peak of $20,000 are fools, because that in no shape or form reflected the market back then, and even not now. In that regard, I would even state that current levels are on the higher side. My personal valuation would be between $7000-$8000 for the market in current state. If the price rallies up another time, we'll likely see that the next bottom is still under the $10,000 level. Free fucking advice peak seekers.