The big thing we are not seeing is more people using bitcoin.
Sure, it seems to be the next best (or better) thing to gold,
but until it starts flowing, we will never see ultra high valuations.

Clif High made statements that $100,000 bitcoin is where purses started opening and people started buying stuff with bitcoin.

The other pieces are that any scare in the monetary system could instantly drive bitcoin prices past the moon.
So... when financial collapse? (same as when moon?)