I would say Bitcoin doesn't even need to meet the definition of money in terms of medium of exchange or unit of account.

My opinion is that Bitcoin would be valuable even solely as a store of value definition of money.

However, I do think that Bitcoin will become a medium of exchange once the price stabilises after the price discovery phase when that occurs.

If Blackrock and other ETFs are approved and we see inflow of capital into BTC ETFs, assuming 1-to-1 holding requirement for 1 BTC ETF with 1 BTC actual coin, I think BTC could get to $200k ceteris paribus.