The fundamental technology behind Bitcoin, the blockchain, is replacing entire industries. Think about it this way: Bitcoin was developed with the specific goal of supplanting Visa, Mastercard, Paypal, Venmo, Banks (literally banks), and it is succeeding. When you add these entities together you're looking at hundreds of billions of dollars worth of economic value. There are some very definitive reasons for the rise in the assumed value of Bitcoin -- the question is just what is the real price. It is almost certainly far higher than it is now. The next questions are: how long does it take to fully replace 3rd party financial institutions? and what will happen along the way?

I'm writing a longer response but I couldn't wait to put that out there =).