Also if the price goes down to 100 level, a panic selling will trigger which will further bring down the price, so it is not good for the bitcoin community. The main factor behind my dedication towards bitcoin is the price and nothing else.
The bitcoin price will not go to $100. If it does, most of the miners will not be profitable and the network will be attacked.
with each four years when a halving will occur in the reward of miners a double up of bitcoin price will also occur. In this condition we cannot say that the miners will leave to mine bitcoins and when the concept of bitcoin increase more higher the price will also increase more with that. so now we cannot think that the price will come to $100
It is not guaranteed that the price will double with every halving. The price is determined by the free market at the equilibrium point of buying and selling, it is not pegged to the number of coins in existence.