With short spikes and drops in Bitcoin value happening on a daily basis do you see Bitcoin reaching its previous peak value and also do you see it exceeding this value by a considerable distance?
Well, no one really knows if that's going to happen. The Bitcoin price is simply determined by demand and supply. How much people are willing to pay for a Bitcoin and how much people want to have for one. But we've been here before, people thought 'that's it, it's never going to get that high again' and whooops, there came another bubble.