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.
As a bitcoin enthusiast, I always believe in the positive future of bitcoin, it may be volatile but that doesn't take the potential to grow more in the future. $100k is likely to be achieved anytime soon, since the market is very unpredictable, we might see a sudden pump too especially if there's big news that supports the pump. Big positive news are here and that's the reason for bitcoin to grow in the long run.
The possibility of Bitcoin reaching $100k will always be there but speaking at the moment it doesn't look like it will happen anytime soon,
it's better to just think realistically because when we have too high expectations and in reality it doesn't happen maybe it will make us disappointed