The 2014 rally wasn't smart money. It was mostly that scammer Karpeles and Chinese exchanges went on to manipulate the price with fake volume for the most part of 2014.
I wouldn't want to see a similar fake rally ever again. Most people believe we'll go up in the coming months. Some that it will happen in 2018, some in 2019, some in 2020. This means that people are waiting with money. All they need is a spark that will start the fire.