This is how many Bitcoin people in here are arguing:
I saw some people buy a can of Coca Cola for 2000$ just a month a ago.
Now I can buy a can of Coca-Cola for only 500$, it is cheap!!
Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.
On the one hand it is true. However, people buy paintings for million $ because they believe that it is good price for this art. So any price of any thing is determined by people mind..and BTC is not exclusion