Nobody knows where the price of bitcoin is heading to for now, but it seems more bullish than ever before since 2018, with the way traders are trading future and margin, I think it is very possible. PayPal and other news related to banks wanting to be providing crypto services are parts of the reason for the increase.
Thats true,Paypal news fueled the Bitcoin and helped it to reach 2017 levels. When you think about it, we are so close to new all time high, and if whales decide it that can happen in a few days. If i remember correctly it only took ten days for bitcoin to come from these levels to $19,000 so it could happen again and we end up this year with new ATH. At that level fomo will kick in and then we can expect real hype and further increase of the price.