I guess we'll see the 1000$ figure when demand reaches that point. In my perspective reaching a milestone only based on hype is not safe and did damage back at 2013. Now in todays reality Bitcoin is stronger each day and here are the facts:
1) People have been accumulating coins at approximatelly 600+ dollars for over a month which represents how resistances are build (nobody wants to sell for less than he bought).
2) We had the halving and it works like a charm, less coins are put into circulation every day and the demand is still on the rise
3) Bitcoins gradually go to more hands! That's the base point of price appreciation, we have a non inflatory currency split at 21 million parts and 7bn people to use them
You have a nice analyzation out there.
1) Actually yes especially when the price keeps silent after the halving ETA. The resistance around $650 is nearly noticeable and it was just being spoiled by recent sh*t activity resulting for a price decrease to an average margin. If there's no spoiled things happen (which isn't actually not possible, at least..) I wonder where are we now, maybe still sitting at around $650.
2) Output can't be feel by an average joe I guess.
3) Increase in adoption? Hope so. I have no such basis but I think the accumulation is mostly by the same person. They just add another rounds of bitcoin in their lovely bitcoin wallet.
