yeah, it is not hard for bitcoin to reach that much value, the value of bitcoin will start to increase after halving tomorrow and within a few hours it will reach to $800, for that yesterday I bout some bitcoins as i have believe on it.
In 2 or 3 weeks after the halving, if there is few coins to be dumped on the market, the price will be higher.
That is our hope. Fewer mined coins means fewer dumped coins. But if the price is higher, old coins will also be dumped.
It depends on the mass adoption of the bitcoin. If there is good usage of the bitcoin, the price will rise a lot.
The bitcoin prices rose a lot in the past few years, that is mainly due to the increasing usage of the bitcoin.