Well whether that will or won't happen, it's truly out of our control. We will have our differences and our own personal opinions about it, but there's nothing that can be done about it. No one has any right to say how, or who, or where Bitcoin should be used, who should be using it, and where it should be used. Bitcoin itself is neutral.
You are not wrong with your thinking, nor am I completely wrong, but it would be better if it did not happen in the way I described, because it would be just another angle of attack, and one that could be used on a global level. It is true that Bitcoin consumes a negligible amount of energy, of which at least 50% is from renewable sources, but this does not prevent various individuals and influential organizations from claiming the exact opposite.
I think 500,000$ is actually realistic for the next bull run, the next bitcoin halving event could easily trigger the market to skyrocket, and based on our experience with the bitcoin halving it could easily boost the market price up to 1000% easily right after the bitcoin halving, if we are going to look at the bitcoin halving timeline chart we are going to notice the price increase right after the bitcoin halving.
~snip~
There's nothing wrong with being optimistic, but even the last halving showed that the price increase has significantly decreased compared to the one in 2016 when we had a jump from $400 to even $20 000, unlike the last halving which produced only x3.5 price increase ($69 000) compared to the last ATH.
What is certainly unknown is what will happen in the event that the spot BTC ETF is approved in combination with halving, and we can only guess what impact it would have on the price. Maybe the interest will be huge and hundreds of billions will flow into these funds, and maybe what happened in other countries where such an ETF was approved will happen, or in other words one of my local sayings could be used
"the hills shook, a mouse was born".