Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Let's not be too full of assumptions. Yes, it may and it may not. We may get to hit the previous all time and surpass it, but only time will tell. All the above, we cannot say yet as we have had a long time of consolidation in the past before and this year may not actually be any different. There is a lot of speculation going around as anyone can just assume anything, but we also have to be reasonable with it, and I do not think $50k is ever going to be a possibility this year.