I don’t have overly high expectations, more accurately, i don’t want to be disappointed. My hope is simply that Bitcoin’s price will reach at least $200k, this is very realistic, as it doesn’t exceed 100% of Bitcoin’s previous all-time high of $126k.
My higher expectations are that Bitcoin will be accepted as a legitimate payment method in more countries, and that more major institutions will become interested in holding Bitcoin as an asset. Over time, adoption will inevitably expand, which will certainly impact Bitcoin price itself.
I dont expect Bitcoin to be accepted as a legal method of payment in more countries in the future. Because most governments tend to view Bitcoin as an asset rather than a true currency.
However, I believe that it is almost certain that more and more large organizations and corporations will invest in Bitcoin. That is inevitable and, of course, it will significantly impact its price.
However, you're right, we shouldnt set our expectation too high. Bitcoin is no longer a small market, we cannot expect the kind of hundreds of percent gains we saw in the past.
As the market become larger, the upside potential gradually narrows.