Historically this is a true statement.
The ATH before we reached $1200 was somewhere in the range of $270 iirc and we haven't dropped below that after we reached $1200 and dropped from there.
Before $270 the ATH was maybe $36 or so, which we never dropped to after reaching $270.
So every time a new ATH is reached the previous ATH serves as a bottom. So the next time we cross the $1200 line we can think of $1200 as our new floor.
That is a false statement, as it was already pointed out in the post immediately following yours. Moreover, I would be really careful before making such definite statements. Moving on a permanent basis beyond $1000 per coin requires much more of adoption than we have at the moment. We were experiencing very nice increases in the introductory phase of Bitcoin (which is also quite typical for initial phases of successfully starting technologies) but then there comes the saturation phase, during which the pace of the growth is not exponential any more and requires much higher efforts (e.g., adoption) to sustain further growth. The ATH before we reached $1200 was somewhere in the range of $270 iirc and we haven't dropped below that after we reached $1200 and dropped from there.
Before $270 the ATH was maybe $36 or so, which we never dropped to after reaching $270.
So every time a new ATH is reached the previous ATH serves as a bottom. So the next time we cross the $1200 line we can think of $1200 as our new floor.
