Of course it is possible. This sudden surge price in crypto is normal. I also looking forward that sooner or later that flippening will happen (ethereum takes over bitcoins value). One crucial factor to consider is the politics of the cryptocurrency space. Bitcoin bills itself as a “currency.” This automatically puts it in a position to be in competition with governments who mint their own currencies. And as BTC continues to make traditional currencies more pointless, some governments may want to lash out and crackdown on accordingly.

Resource: https://blockonomi.com/ethereum-price/