$200k is never actually too high for bitcoin as it can easily achieve it if there is higher momentum in the market. However, with how the current price is behaving these days, it seems to me that reaching $200k is too early for this year, but maybe next year or the next, next year.
Let’s just keep the faith and buy bitcoin at a regular basis. Soon we will be able to witness $200k, but it may take a lot of time first.
Considering how Bitcoin have increased in price within the last one to two years, show's that $200k
BTC is not too big to achieve, speculations should not be based on timeline.
Bitcoin is a highly volatile assets and for that we must, make adequate risks assessments to a certain the extent at which Bitcoin could go based on the available liqudities, between it a sure thing that Bitcoin will surpassed that $200k benchmark some day's, and we will all witnessed it.
If bitcoin hits $200k, it will have a market capitalization of more than $4 trillion, equivalent to the GDP of major economies like Russia, India or Germany and become the second largest asset in the world after gold. So I don't think this is a low target and bitcoin will be easy to achieve.
Although bitcoin is considered to be the fastest growing investment ever, we need to pay attention to bitcoin's market capitalization instead of just looking at its price. Bitcoin can grow exponentially with a small market cap but that formula won't work with assets with market caps in the trillions.
BTC will hit $200k but it won't be easy.