First, the price of BTC returns to its all-time high which is expected.
Second, the price goes beyond the ATH to the amount featured in the diagram.
What's the basis for said amount?
I copied the that followed the crash which proceeded its leg up to its previous ATH at $1,175.
Let me expound.
I flipped the current crash so that the next rally up mirrors the fall. This takes the price back to the ATH .
Then, I grabbed the that proceeds the previous ATH at $1,175. However, I did not copy the portion from the lowest point of that crash ($.01). Rather, I grabbed the with a starting point of $290, where it had returned to its ATH , up to the peak at $1,175.
I hope this post wasn't too confusing.
Let's see how this plays out.