I still think anyone thinking a bull run happening one year after ATH must be ignoring 2 things big time. First, which is the most important, that we are in the middle of a great economic recession, probably the worst one most people have ever seen, for me, the worst for certain. Prices of everything is going up, except investment and assets which is going down. Secondly, that never in Bitcoin's history will a bull run happen so fast after ATH.
I understand that people would like to have another ATH, but I just wonder - why? Why do we want to have crazy unstable currency? Maybe it would be better for everyone if it stay at a given level, let it be 20k, 30k or even 10k, but let it be stable, like +- we have stable FIAT pairs. We talk about 50%-100% change, maybe we should be happy that the change is only 5% for a long time and BTC will be used for something different than just trading?
Seriously, you don't get it? Hehe.
Look let me put it this way, even is you hold US Dollar you'll be so happy to see it hitting All Time Highs against pound or Euro or whatever currency.
And Bitcoin will be at that stable stage far in the future when it's more mature but as long as demand spikes up and down, we will have volatile BTC.
BTC does have non-trading use, as this forum should show (though I bet 95% of people just talking about BTC actually don't use it here but that's just my pessimistic outlook).