According to the S2F model, the BTC price might hit $100,000 by the end of 2021. The S2F model considers BTC as a commodity like gold or silver. It considers the existing supply of the cryptocurrency and the mined cryptocurrency and predicts the BTC price. Click here to know more
https://coinpedia.org/news/max-keiser-predicts-bitcoin-at-500k/When more people/organization speculate like this, we can easily get into wild FOMO quicker than actual which again do launch into such price zones to make those speculation true.
I mean bitcoin got all the potential and set up (with limited supply/ more than 10% of circulating supply had lost/ survived for more than decade to remove hesitation among investors), but it just needs some catalyst kind of thing. Actually halving is periodically doing that; still when we do have established trading houses's report/speculation then it motivates big investors to catch cheaper prices before anyone else.
I am just expecting to have a new ATH before end of this year to confirm what kind of FOMO, we are going to experience in 2021.
I wont really expect a rally till 2021 and I think its jumping the gun to expect much till a vaccine is in action and all this new dollar printing then develops into a bigger price inflation on many assets is reasonable projection.
Pandemic chaos will settle down slowly as people will get practiced to live among virus spread regardless of vaccine to be developed or not. Slow economy will boost BTC markets for obvious reasons hence current pandemic things are no more a blocking factor.