Bitcoin runs in roughly 4 year cycles and yes, 250k is very possible in the next 18 months or so. I've lived through enough of these cycles to understand how they work. Plenty of information out there if you take the time to learn. The thing that might tank this cycle will be covid-19 and or a worldwide depression brought on by economic collapse. The global stock market is in a bubble that can pop at any time. A black swan will hang over this cycle...
On the other side of things, we've got all the central bank money printing, especially from the Fed. The stock market may be in a bubble, but as long as the USD doesn't collapse, they can keep it propped up. They seem quite intent on preventing a 1930s-like depression, by any means possible.
It's a crazy and unpredictable situation considering COVID-19, but I'm starting to think all the money printing is too much for anyone to keep a lid on the markets. I guess that's the point.