From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.
But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.
Basing up on the chart and trying to look into those indicators which do shows that it might hit up 100k or more which is something realistic but on what you had noticed is about 741k, whether it was just a hover or simply op did pertain about those possible price?
We cant really be sure but basing up on patterns on each halving event, then we might really be having those significant price increase but we know that this market isnt something
that you could easily predict.
But to think that mining rewards had already been halved plus the demand becomes even more higher then expect on what would be the outcome.