Before that crazy surge to just short of $20,000, Bitcoin was around $1200 for a quite a while. So, while I wish the price was higher, this price is pretty dog gone good, if you ask me.
I tend to agree, but difficulty is also up. One needs to consider the cybercoin equivalent to "inflation adjusted". Perhaps "Difficulty adjusted"? Depending on when you pick, that would turn your $1200 into something like $4800. So we would still be in OK shape, just not wonderful (or in December "giddy") shape.