Can Bitcoin reach 100,000 dollars each?

Regarding whether Bitcoin can rise to 100,000 dollars, I have a simple opinion.

Bitcoin is estimated to be 18 million coins, and at 100,000 dollars each, that would be 1.8 trillion dollars. Currently, the entire market is only about 2 trillion dollars, with Bitcoin accounting for around 1.2 trillion dollars, which is about fifty-five percent of the entire market.

For it to rise to 100,000 dollars, market capital would need to increase to 3 trillion dollars, thereby increasing the investment income ratio.

Official recognition would increase, with many countries joining in, and many national financial institutions tying their currencies to it.

There is potential for even higher increases; many people say it could reach 1 million dollars each, but that would require a massive market. The difficulty is very high, as wealth cannot be created out of thin air. If all the money were put into Bitcoin, that money also needs to make a profit; without profits, no one would invest their money. Furthermore, countries would not allow all their money to be placed in this asset.