If the situation repeated now, the price for 1 Botcoin Bitcoin could easily reach the level of $200k by the end of 2021.
Everything is possible in the cryptocurrency market
It is surely not impossible but saying easily to reach $200k seems too much. For me, if Bitcoin price can reach $100k, it is more than enough ensuring me to sell all my Bitcoin. We must know that crypto market situation easily changes, we don't know what's happening in the near future. After crypto market is recovering this month, the market may experience a downtrend in the next few months. So, Bitcoin can decrease again, and probably hard to increase nearly $100k. Always think realistically and prepare everything to happen.