the price will eventually have to go above $1000, as the coins will get scarcer and scarcer. Especially given how the Chinese are still vacuuming them up while they can.
The coins are getting scarcer and scarcer because of the fact that many people are trying to cash in on the fact of upcoming halving, and some want to
be a part of the 21 million club. Since bitcoin is advancing each day in and out, there's no doubt that we will see 1000+ prices once again imho.
cheers
Exactly my thinking, this technology has been just born and coin supply is limited. As we advance, and adoption goes further and further, what do you people think will happen to price, if no major negative event takes place, of course!