When it hits 500k
The milestone of $500,000 is a huge milestone for Bitcoin to achieve in a very short time. Before we would celebrate the $500,000 mark would first celebrate Bitcoin getting to $150,000 then $200,000 and progressively until we gently get to $500,000. I do not expect the Trump administration to solely be the catalyst for this growth even though it can help speed it up. If bitcoin can get to $100,000 , it can continue going, and that is something that we that have invested in bitcoin and have some are looking forward to.
Bitcoin is almost a world political topic and as more nations begin to deliberate on investing into Bitcoin, the growth begin to emerge. Bitcoin will easily bypass lots of milestones, but the 500k mark would still require more large enterprises to look into the technology. The backbone of bitcoin also need to be integrated into different companies to solve security and financial problems.
However, it's a process, and as it happened like a twinkle of an eye, from 20k UpTo 100k, then the next prediction has to be based on where the price settles. If it stays at 100k as a bearish rate, then it'll hit that number in a short while.