Till now cryptocurrency market has all the favorable conditions without any regulators or restrictions but with major scams and exchanges funneling out money left and right and going bankrupt you have to believe that we might be seeing strict regulation in the next few years and that might change the cycle as well like we used to see in the past 3 rallies.

One thing is certain, halving is real and when the number of coins reduces that will make an impact in the market and we can only speculate as we are in unchartered areas as the market is barely a decade old and personally as an investor i would like to see the same kind of rally like we used to see and if that happens $100k would not be a huge barrier this time but only time will tell  .