Why $BTC at $500,000 in the coming years is realistic (my vision):

- Bitcoin is increasingly essential compared to other assets
- More public companies are adding $BTC to reserves
- Bitcoin ETFs are rising in popularity and availability
- Eased crypto banking restrictions by the Fed
- Rising prices lead to decreased volatility
- $BTC could be a safe haven in market downturns

In this context, factors such as Limited Supply (21 million) and Global Decentralized Liquidity are gaining prominence.

More people/companies will eventually seek more $BTC, and the limited supply will drive the price upwards.

Additionally, more holders also mean greater decentralization, minimizing manipulation risks.

However, there are still reasons $BTC might not reach even $300,000:
- Whales and manipulation: A significant amount of BTC remains concentrated in a few hands
- Perception as a speculative asset: Many people still view Bitcoin this way
- Regulatory risks: Future regulations could pose significant challenges
- Limited influx of money: Despite substantial adoption, Bitcoin hasn't yet attracted a massive influx of capital

Considering the pros and cons, $BTC seems to need more time, wider adoption, and increased trust.

Yet, if Bitcoin demonstrates resilience during a future potential financial crisis, it could capture global attention, boosting its price and trust significantly.