That's a long and well-written article, strongly supported by sources and providing lots of background.
However, I want to address some points. For one, you're saying that Bitcoin's a singularity, the "ark of salvation". There are also other cryptocurrencies, so they might take up some of the wealth moved from other assets. Bitcoin is not the rise, but it's not the only crypto experiencing an upward trend. Ethereum almost trippled in price over the last 3 months, for instance.
I also don't think that Bitcoin will reach even $200k within the current bull run. Honestly, even the current price seems incredibly high to me.
And with Bitcoin fees spiking higher, more people will probably move to other top cryptos, so Bitcoin won't rise as high as $10 million because it won't be the only one rising.