This is some sort of speculation and some sort of technical analysis, do you believe that this might happen, for me the former ATH is possible but if this will happen it will truly shock the industry and the people who does not know crypto yet.
There will be no shock because this another bitcoin "prophecy" will never happen. We have already seen, heard and even laughed at so many rosy, colorful and excited predictions about what can soon happen with the price of bitcoin but many of them are not based on the reality and I think just meant to command the attention they need. Definitely, bitcoin will rise due to many good factors but predicting that it will almost magically go that's already bordering on the entertainment side of things. I prefer to just wait and see. A slow and steady growth of bitcoin is what we should wish for...as overheating can be causing a lot of problems -- well, just like in a car!