There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.
yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.
They don't know how much money and effort is needed to get the price to reach $1000 again.
It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.