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A threshold has already been built, in which I believe btc has the tendency to surge further.Although, we have to be very careful so as not to fall into the midst of FUD being propagated by the so called whales.
If BTC pushes that price, it'd be interesting to see how alt-coins respond, especially those with a low supply. BTC has done really well recently and a low-supply privacy coin, VEIL, was able to outperform most of the market. I would like to see how alt-coins like VEIL perform as BTC continues its rise. Often new coins with good fundamentals, as is the case with VEIL since it offers anonymous transactions on Zerocoin basecoin transactions, do better than the rest of the market. A lot of people make joke on "here for the technology" idea, but the truth is projects with good tech actually do quite well.