Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.
In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.
Definitely some persons are yet still skeptical, funny enough it's just their lack of knowledge and awareness that, Bitcoin is a crypto currency that has come to stay that has changed lives and will continue to change lives if we can try to understand the mechanics of it all, and that will be by studying the market
I don't think we need to understand the mechanics of it all neither do we need to study the market before Bitcoin will change our lives, lack of perfect knowledge about Bitcoin should not make us not to invest since we can improve in our learning in various aspects while we are already buying Bitcoin