It is not unreasonable to reach 40-50k, that was the goal and we peaked over 41k so it is obvious that we can do it, not that we will do it but we can do it so basically it just means that we are going to just have to wait and see.
It is true and may soon be realized if people flock to buy bitcoin in bulk so that it will result in an increase in demand. So far, there have been enough institutional investor who have started to enter and invest in bitcoin so that in the future the government could agree that public money can be used to invest in bitcoin and this will result in a quite high price hike in my opinion.
I would never hesitate to say that the government might view bitcoin as an asset that could have given them a fair amount of profit so far. It's just that they cant do it because the rule that have been agreed upon cant be changed and also because of the existing risk factor. Bitcoin still has enough potential to go up to 50K-100K, but we never know when that will happen.