This time last year, bitcoin was still around $1000+ and nobody could think or imagined bitcoin is going to rise from 1000$+ to like $18000+. There was a huge market rise of it when closing July, August up till December
You're right but te expectations are high thsnear because we have from from an ATH to a very low pruce, comparing to the ATH. If Bitcoin had not gone to 18k, 19k or 20klast year, no one would have build hope at a higher peak as we are now. We would've still predicted a rise but we wouldn't have anticipated for a very high one.