My opinion is that this current surge up is a big bull trap. The global markets are at the point of collapsing like what we have seen in March. So I expect Bitcoin to first go down with it to around 6500-8500 before the end of the year. Then Bitcoin will move up against the markets and we will see new ATH in Q1 2021 and after that, it will slowly start a new bull run with a top of around 120k per bitcoin near November / December 2021.

If we just follow the flows of bitcoin and compare the past then this is my prediction.