Nice chart.
The assumption of bitcoin going to 1M is too optimistic. The fundamental and market usage for bitcoin might be strong, but I do not see how this correlated to price going upward. Remember, 100 usd per coin or 1000 usd per coin doesn't change how the protocol work.
I completely agree. I don't know why people don't realize that bitcoin is not a store of value, but rather the value is in it as a tool for how the protocol works. You should expect bitcoin to appreciate in value a little bit as you hold it (because of time value of money), but to buy btc solely as an investment thinking you'll get rich quick is reckless.