BTC can and will hit over that valuation as it continues to consolidate cryptocurrency funds from all these failed ICO's. Once we find projects worthwhile we will see BTC will begin to grow as it is the gateway to getting into decentralised projects.
Its not a question of if it will hit an ATH but when will it hit the ATH again. Within this year, I dont think so but 2 to 3 years yes
Great point selection and logical opinion ..