Can BCH reach $1,000?

Could you please elaborate on the possibility of Bitcoin Cash (BCH) reaching a value of $1,000? What factors could potentially contribute to such a surge in its price? Could market sentiment play a significant role? Are there any fundamental or technical indicators that suggest this might be a realistic target? Additionally, what are the potential risks and challenges that BCH might face in achieving this milestone? Would it require a significant influx of institutional investors or a widespread adoption by retail investors? Your insights would be greatly appreciated.