I would like to thank everyone who replied I read all the responses and it's difficult to respond to everyone due to my lack of experience with such matters (some replay's were deleted for violating forum rules 
).
I summarized the responses in a few points for the benefit of anyone interested in reading the opinions someday:
* Bitcoin follow market cycles historical patterns suggest it could take 8-12 years for Bitcoin to hit that $1 million.
* The entry of big institutional investors has the potential to boost Bitcoin’s price significantly, more major players investing can increase confidence and drive demand.
* To reach $1 million its total market cap would need to rise to about $21 trillion this presents notable challenges requiring widespread global acceptance and investment.
* Bitcoin can experience rapid price surges if interest continues to grow we might see similar explosive growth in the future.
* While the chance for big gains is thrilling it's essential to stay realistic instead of aiming for huge numbers right away focus on smaller achievable goals like $200, $300
* Bitcoin might take another 16 years to hit $1 million since it took that long to reach $100,000.
* Bitcoin might reach $1 million if the circulating supply hits 20 million
* If governments start adopting Bitcoin as a reserve currency it could have a profound impact on its price such backing would legitimize Bitcoin further in the eyes of the public.
* Regulatory changes, global economic conditions and tech advancements are all external factors that will shape the price direction.
* Some believe reaching $1 million may take about 10-15 years adopting a long term view.
Some have replied that continuously accumulating Bitcoin is more beneficial than concentrating on the time it takes to reach a specific price point. I believe this is a fundamental principle that everyone who can should follow regularly. I'm considering creating a separate topic about accumulation once I achieve my target
For me it was very helpful to read the thoughts and various factors from the perspectives of everyone who replied. I’ll keep the topic open for anyone who wants to share new insights or perspectives i’m always interested in reading what others have to say
).I summarized the responses in a few points for the benefit of anyone interested in reading the opinions someday:
* Bitcoin follow market cycles historical patterns suggest it could take 8-12 years for Bitcoin to hit that $1 million.
* The entry of big institutional investors has the potential to boost Bitcoin’s price significantly, more major players investing can increase confidence and drive demand.
* To reach $1 million its total market cap would need to rise to about $21 trillion this presents notable challenges requiring widespread global acceptance and investment.
* Bitcoin can experience rapid price surges if interest continues to grow we might see similar explosive growth in the future.
* While the chance for big gains is thrilling it's essential to stay realistic instead of aiming for huge numbers right away focus on smaller achievable goals like $200, $300
* Bitcoin might take another 16 years to hit $1 million since it took that long to reach $100,000.
* Bitcoin might reach $1 million if the circulating supply hits 20 million
* If governments start adopting Bitcoin as a reserve currency it could have a profound impact on its price such backing would legitimize Bitcoin further in the eyes of the public.
* Regulatory changes, global economic conditions and tech advancements are all external factors that will shape the price direction.
* Some believe reaching $1 million may take about 10-15 years adopting a long term view.
Some have replied that continuously accumulating Bitcoin is more beneficial than concentrating on the time it takes to reach a specific price point. I believe this is a fundamental principle that everyone who can should follow regularly. I'm considering creating a separate topic about accumulation once I achieve my target
For me it was very helpful to read the thoughts and various factors from the perspectives of everyone who replied. I’ll keep the topic open for anyone who wants to share new insights or perspectives i’m always interested in reading what others have to say