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 cycles we have had, we never had Bitcoin break its ATH before the Halving, and currently we the price consolidating within that range, which looks good, I kind figure out this is being the growing institutional interest due Bitcoin ETFs ,I'm much optimistic about the Bitcoin price smashing the 100k price rang at the end of 2024.
We have never seen the current market cycle because never before has bitcoin been able to reach a new ATH record before the halving, the bull market has reached the limit of expectations of all the predictors here because everyone did not realize that the price of $70k could be reached easily before the halving, so based on the current market scheme then I predicts the market price will close at $100k by the end of the year.