Personally, I think the big barrier is $10,500 but since we have broken it already, this bull run might continue and hit $11k or even $12k. This is the break out run that we have been waiting for many months now so let's see how far this run can go.
After three years of a prolonged bear market it is good to see more money coming into Bitcoin now and also if you check the over all market cap for Crypto has also grown as well. In the last month or so over 50 billion entered the crypto markets and of course a lot of that now is going into Bitcoin, both from retail investors and speculators and also from big companies like Grayscale who are buying up all the new BTC being mined. I also believe this bull market will last for over a year and will run longer than the previous one.
But year-to-year bitcoin has perform better in the bear market, not even the pandemic scare put a damp on the market. Yes, we have seen lower lows during the scare, but we already bounce back and now hitting another higher highs for this year. But it is still a long way to go before new all time high, not seeing it this year.