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Generally agree with you. But the market price is the market price.
While I believe bitcoin is worth more than $500k/coin, the market will only give me $78k for that coin should I require trading my money for a car or a banana.
Hopefully over time, more people will understand bitcoin's value, but it increasingly looks like the market rate of increase in price is slowing dramatically cycle after cycle.
the market rate is wrong. in my opinion way wrong. imo bitcoin has just begun it is a 130-year experiment and it's year 16.
in addition, look at the broader US markets they are down significantly since the inauguration and self-imposed trade barriers to the G7
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