Who is fooling us? I mean who said bitcoin will never be 3400 again and can never be 3400 again? This is bitcoin, we can have 3400 same as 34000 and those are all technically doable stuff since there is no regulation and it all depends on if there is more dollars coming in or if there is more dollars going out of the current market. It looks like the price is going up and that is good, we are almost at $9k now and that is awesome however just because we are around that nobody really claimed we are going to $20k without ever falling back.
The bigger possibility is going up, which is literally happening, not to say 3400 is "impossible" but it is unlikely nowadays, maybe after this bull run is over (which may take some time) we can have 3400 in couple months? Maybe we will never have it ever again but nobody really denies the "possibility" of such a thing.
By the end of 2018 the price was almost the same as now. Slowly by the starting of the year the price started to fall low to $3500. Further the growth started by the second quarter of the year. Maybe this can take place this year, but the halving has rewritten the years growth. Earlier when the price reached the ath it took place in a very short time, and the same can happen this time during the days close to halving.The bigger possibility is going up, which is literally happening, not to say 3400 is "impossible" but it is unlikely nowadays, maybe after this bull run is over (which may take some time) we can have 3400 in couple months? Maybe we will never have it ever again but nobody really denies the "possibility" of such a thing.