If we do consider on how many % of the current population now do knows about Bitcoin or crypto then we can really say that there's still soo much room to grow on which means reaching or breaking 100k would really be just a piece of cake on which on the time that we do able to reach out that kind of situation then 100k would really be just that a small number. This is why it would really be that better that you should really be that
wise on taking up position while the price is really that low.Also, its not really that bad to take some entries now considering the price is still low, not that much or everybody could be able to do so considering that the price is really high but we know that we can buy in fractions.
Acceptance and adoption would really be the key for the price would really be going upward but we know that there's no assurance that we would be going into that price
but at least we are really that seeing that it does have potential. Lets just see on how things would really be ending up but since we are still a decade
in existence and there's still so much space to grow.
Acceptance yes and usage on a daily basis would also push the price as there is friction in any system, which would have an impact on the supply and demand situation for Bitcoin. But what will give Bitcoin really give a push is the institutional involvement now as some of the products they plan to offer will also require them to hold Bitcoin in reserves. Not all of those products, but there are products that will come with reserve requirements, That is no surprise as a bank could kill itself literally if they don't hold the reserves for a highly volatile asset. Everyone knows some of the well-known stories like those of the last financial crisis in 2007. With all these reserves and private savings invested in Bitcoin, the highly liquid part of the Bitcoin supply would shrink. Since it is safe to say that over time more people will find out about Bitcoin and use it, all these removals from daily circulation will have an impact on the price.