I agree with this,  because with the way the market is going,  it's not looking too good to reach it's previous all time high,  a friend of mine that is so good in technical analysis said that bitcoin has attain it's all time high this year around $12k+,

Initially I doubted him, Because TA analysis is not 100% right all the time  but with the situation of the market now I'm begging to believe him with the situation on ground