I think it can due to high demand increasing everyday, but in the other hand topics like WW3 and supercomputer, or just lack of interest can maybe take the price down. I don't personally see it how it can go to 0 in 1 day like some people fear, I beleive in it's security but what are some threats even if they are theory that could take it down, how would the gonverment attack it?
In the long term, or in the future, I still believe Bitcoin can reach that price. And all of this can be achieved when Bitcoin surpasses the market capitalization of gold. Without it, Bitcoin wouldn't have reached that price. However, I'm not sure how long a bull run would be needed to reach that price. Reaching $1 million would require a very large market capitalization, which would require Bitcoin to become the number one asset in the current investment world.
However, my only concern is the next world war, which could involve weapons that already exist with high destructive power. Or a weapon capable of shutting down the internet worldwide. This is certainly the only thing that could destroy all digital investment instruments, including Bitcoin.