On the road to $500,000.
I am always optimistic about Bitcoin but I think Bitcoin will be able to hit this price after multiple halving events, maybe after 3 or 4 halving events. The reason is that adoption won't be able to support this price range yet. I also think that it is too early to think that the market is ready for the $500k price. Although I like this thing to happen, I think I will keep my ground on being realistic while of course wishing that your target price happen sooner than I am expecting.
if nothing else, people are being optimistic with this market. we all know, realistically speaking, such target price is still far from what we have right now. first, we need to target the 100k mark, and for this to happen, the percentage of adoption should increase. where people are getting used to this currency as payment method. we need more merchants accepting this payment method.