"Although theories regarding any massive parabolic movements in the near-future remain purely speculative, one prominent analyst is now noting that Bitcoin could surge to above $60k based on historical price movements, which could happen as soon as Fall of this year."
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https://www.newsbtc.com/2019/06/18/bitcoin-historical-analysis-signals-that-btc-could-surge-to-62k-later-this-year/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.
That is actually possible outcome. This bitcoin cycle might not repeat last one but the 2013 one when there were 2 bull runs. April and December. So this $62k ATH can be the April 2013 $230 ATH. And then we wait for December 2013 $1200 to finish this cycle. I am not sure if this first bull run is possible this year. But definitely should happen next year. Second one will be about a year latter.