TLDR: Yes it will, but it won't be as big as 2017, and more over, it is healthy for the ecosystem
There is a second bitcoin craze going on right now. Everybody wants to buy it, both of my aunts want to buy it, friends, that were previously not interested at all, now want to buy it, and it seems like it will go up forever.
But it won't go up forever, at least not without some big corrections. Let's think about it for a second, as long as there is a money influx, the price of bitcoin will go up, but the value of this asset is directly related to its price, meaning that more people will want to participate (buy) in bitcoin as long as the price is going up, this already sounds a bit recursive, and that is the secret characteristic of bitcoin that makes it both so appealing and so volatile.
Now, don't get me wrong, I don't think 60-65k is the current top before a big correction, in fact, I think it will go a lot higher (possibly 100k) before something happen. Once every friend of yours and mine had bought bitcoin, no new money will enter the price will start falling and people without experience in this will panic sell, this snowball effect will make a big correction as it had already happened.
But this time is kind of different, not completely different like some would like to think but not the same. A couple of things are different this time, first and most obvious is that in 2017 there wasn't big institutional money involved, no S&P 500 had bitcoin in their balance sheet and more importantly, there was no pandemic that made governments print money like there was no tomorrow.
Taking all of this into consideration, I don't expect bitcoin to go any lower than 40k before peaking at a new impressive all-time high and I don't believe that it will be only the cryptomarket the one that will have a crash but also other markets like the stock market.
This is normal and to be expected, it is part of the economic cycle, a period of hype that precedes a downtrend. Let's take a look at the stock market since 1900.
Even after a big crash, it has recovered due to its underlying value, and I do believe that cryptocurrencies are valuable assets. Moreover, this time the market cap is larger than last time, which normally implies less volatility.
Conclusions
There is still room for big gains but beware of an expected crash, I'm personally investing more in cryptocurrencies with smart contracts than a store of values like bitcoin. Always invest money that you are willing to lose and diversify your portfolio.