If the adoption by the government and some big companies that trigger the big adoption happens, there is no doubt that the effect will be quite big on the increase in Bitcoin price. What we can't be sure of is the exact time period, it can come sooner or later. If it happens sooner, then we can see Bitcoin reach the target that is actually overvalued for now. But I think it will definitely take a longer period of time for all that to happen. Now, what we can do is hold Bitcoin with our own target. Those who don't have it yet should not regret it in the future because they didn't buy Bitcoin now.
I've accumulated some even at recent dip and still adding.
I have pretty strong conviction that BTC can do parabolic increase in the future, when passive investors are getting in the supply of BTC circulating in the market will greatly reduced, at that time BTC becomes scarce and demand soared so $1m is actually logical price.
Although things can take different path as well. It always depends on the market at the end of the day.