I agree it is hard to predicted these price high and possibly it reach more years to happen. Their is always uncertainty of the price in bitcoin. So, I think their is an increase on bitcoin value but not that high.
There is nothing to agree with what he has said. We are presently just in between bulls and bears and the chances it could fall to any side is still there which is why we have been having sideways movement.
Market would not just start a speedy recovery immediately, the bears have been in charge and they will want to keep being in charge which is why the bulls will do everything to keep the market from going lower to some certain point, but as far as I am concerned, the bulls will actually need to put up a huge fight to be able to win that and because of things like that we see consolidations. Like it or not, once btc breaks out upward, the participation will start kicking in.