What are the chances that we never re-test last years high? I'd say no chance. We can go up before that, but gaps are filled on bitcoin. Look at 2016 how price would pump 50% multiple times then retrace and at least retest the last high. We haven't even done that. Bitcoin has been so strong that it never even retested the 12500 area. We all know how volatile Bitcoin is right? Or have we forgotten? I think when we do re-test the 13800 area, there may be a spike down to 12500 just to fill that little gap. Then, we will never see prices that low again.
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Theory based on what happened in 2016 in relation to the 4 year cycle of bitcoin because of the halvings every 4 years.