Can ICP reach $1000?

Could you please elaborate on the possibility of ICP reaching the price of $1000? Given its current market capitalization, trading volume, and the overall crypto market trends, what factors might contribute to such a significant price surge? Also, considering the competition within the blockchain space and the potential for regulatory intervention, how realistic is it to expect ICP to reach such lofty heights? Finally, could you provide some insight into what investors should look for or consider when assessing the potential of ICP to reach such a high price point?