While predicting the future price of Bitcoin is inherently uncertain, there are several plausible solutions that could contribute to a potential price surge. A combination of mass adoption, regulatory clarity, technological improvements, institutional investment, global economic conditions, and educational efforts could collectively drive demand and value for Bitcoin in the years to come.
We can hope that positive developments will create real demand, but it will more likely create hype for speculative trading like it did in the past. 2021 market was full of hype about institutional adoption, and the price crashed after it. 2017 was the hype of blockchain revolution, and it crashed. 2013 was the hype of Bitcoin adoption and it crashed.
The next bull market will also have a story that will drive the price, and the price gain will be much higher than the actual effect, so it will be unsustainable.