still many times left, there's no reason bitcoin couldn't get past that, of course it's need some good investments flow like before, remember previous bullruns was mainly because tesla just puts huge chunk of their money into bitcoin and other companies in general follows that which is good for bitcoin market capitalization. regarding your instinct, I guess like many have said, if you are veteran in term of investing in cryptocurrencies you might have seen some similar pattern based on past events which actually quite make sense and I think many veteran investors are having the same feeling I mean you get the gist of it, something like that.
but this year around I even sure that it could easily go beyonds $40k but certainly not hitting its all time highs because that's still quite far.