I don’t know why people are always in rush, if you are investing in bitcoin, then don’t always be in rush to make profit, always have patience. I don’t think anyone will be able to tell you when bitcoin will hit $120k, let’s just keep on observing the market, when the time comes, we are going to see bitcoin at the price. If you are planning to hold bitcoin, then your target should be for long term, if you are planning to hold for long term, then you won’t be disturbed about when bitcoin price is going to reach a certain price.
I don't think most people were expecting a new ATH that soon, I personally wasn't. Even though it's not too different from the previous ATH, it's still a new record. From my perspective, when a new record is surpassed, people rush to speculate the next one, which is something I personally don't get. I perfectly understand setting new goals, and there's nothing better than seeing your Bitcoin thrive in value, but it's unrealistic to set such goals that fast. We barely had a new ATH, and we're currently going through a minor correction, the market is slightly bearish, thus, it's a bit unreasonable to expect a new one soon enough.