I was around when Bitcoin was $5, and $30, and I Bought my First Bitcoin at $30, I then Sold at $1,000. And I was Earning 7 Bitcoins a Month for a few Months, and Cashing that out for $7,000. I Remember when it First hit $1,000 and we were Talking about Satoshis and saying "One Day we will need to have a kind of Penny for Cryptocurrency" and we were all Talking about how One day in the Future there would be a Need to use Satoshis as a Unit of Measurement, and Satoshis are Actually a Good Place to Start. If Each Satoshi was 1 Penny (there are 100,000,000 Satoshi in 1 Bitcoin) then Bitcoin would be a Much Higher Price. And in Order to get to that Place, we need more People to be Holding Bitcoins, more People to take Bitcoins off the Market, even People Collecting Satoshis so that they have a Stake in the Price. And the More and more people that have "Skin in the Game" the Higher the Price will go.
And now, there is a Big Mining Infrastructure, and it's not going away. So that will Grow, and Everyone will Start getting more and more invested, as a Species that is. And Eventually the Price will Reach $100,000 and $1,000,000, it just might Take 100 Years. But $100,000 Probably isn't 100 Years away.
It is natural for Bitcoin price to rise, as Bitcoin is the most useful digital currency in this modern world. The price of Bitcoin has been very low in the past, but the price of Bitcoin has gradually increased to reach an all-time high before the 2024 halving takes place. But Bitcoin price is definitely more likely to peak in 2025 bull market after 2024. But Bitcoin is best for long term so waiting till peak market price will reap the most benefit. Bitcoin must wait until two halvings in the future to reach one hundred thousand to one million dollars.