Reaching the price back to $20,000 is probable but it might take sometime. The prices are slowly recovering and I think this increase is healthier than havong the price pumped in a surge. We need more development and adoptation yo be able to increase the demand in cryptocurrency.
Time is the only question here because we know that bitcoin is capable to do a better pump but right now its not good to talk about the new peak because it is still dump. Bitcoin should make new ATH or else it will go lower and die which can be the worst scenario with bitcoin and it can stop the run of cryptomarket.
The market really not good to see especially for altcoin but what we can see Bitcoin is still in good shape. But it isn't enough to make a huge pump that surprises us again just like it did last 2017 bull run. In myself, I'd never chasing bull run again but to be satisfied enough of what Bitcoin can give to us today and in the coming days. Cause chasing bull run again is just giving us desperation especially when the market fails just like what it happen last year.