If Bitcoin hits $100k then there is no way it's coming back to 5 digits anytime sooner because we will see more investment pouring in it it crosses $100k because this has been a long awaited target for years but right now I feel it's accumulation period as there has been ups and downs in the market. I think how market behaves post halving will decide if it's possible this year or the following year.
Current market behavior still tends to stagnate in the $67K to $70K range so this also needs to be seen and understood well by everyone because the halving is also getting closer. The price of $100K is a fairly reasonable range for many people to say and hope for this year, but it is true as you said that we also need to see how the market conditions and behavior will be after the halving or before the halving like now. And currently the price decline that has occurred in Bitcoin is only a little from the highest price this year.
This cycle tends to be very different from other previous cycle, we never Bitcoin break ATH before Halving, and currently consolidating within that, I kind famtom this out ,being growing institutional interest due Bitcoin ETFs ,I'm much optimistic about the smashing 100k price at end of 2024.