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This depends on the viewpoint.

I remember people saying the same thing, when Bitcoin (BTC) reached $1000 USD, and $10 000 USD.

Probably it will reach $200 000 USD too.

And even $1 000 000 USD too.

It has a maximum supply limit of 21 million coins, which cannot be increased.

Traditional money does not have any supply limit.

Bitcoin (BTC) is a limited asset/currency (anyone can see it however they like).

Maybe not too scarce, but still limited.