"Does BTC Still Have a Chance to Hit 100,000?" No, this is not an outdated article.
That is the headline of an article written a little more than a year ago.
Bitcoin has been growing steadily over the last several months breaking through previous highs, retracing and punching through again (oh what's another $10K anyway). However my prediction is bitcoin will linger around $60-65,000 before we see further indicators looking for a stock market reversal. A reversal is badly needed even with the stimulus, generous discount rate, and hope for the future (both of the vaccine and otherwise).
Bitcoin is a good bet to hit 100,000 as the market crashes as money flows back into pockets.
Now don't get me wrong I do think Bitcoin may take an initial hit but the insurance it provides as a hedge is too valuable to people and even the common investor is starting to understand that.
Bitcoin will become a stable asset in the near term as people start to pay with their Visa card and try buying things with bitcoin for the first time. They will certainly be surprised by exchange rates but the usage will help stabilize the currency. This, of course after a rise and fall based on the amount of speculation that occurs in BTC.
This will also help the rise to 100k. People years ago were predicting 50k, 100k and even $1 million. Now that's still a ways off but $100k is certainly now within reach and it wouldn't surprise me if bitcoin rises quite a bit above that in the next 5 to 10 years.
Check out this article from 2017, predicted then, its interesting to see where we've come from price-wise.
https://www.fxempire.com/news/article/will-bitcoin-collapse-grow-reach-100k-457997