When the all time high is smashed

Here is what bitcoin looked like at one time at the start of 2013. Bitcoin all time high was around 32$ a bubble peak and after a huge correction the price had recovered enough to get close to that old bubble top.

Shortly after that it looked like this.

The all time high was smashed! The old all time high now looking like a shrivelled little bump.

Bitcoin found itself in a very similar formation not long after but at a much higher price level, this time the all time high was at about $260. Bitcoin at the time had recovered from the Silk Road Seizure and was once again close to an all time high.

Shortly after that it looked like this.

Again bitcoin proved the doubters wrong and the all time high was smashed!

Heres todays chart, once again the old all time high dominates but somehow bitcoin has recovered to challenge that old high

Who knows what happens next ??

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