Shower thought. If there was a person who would start a debate and tell me that Bitcoin's price today is "too high", I would argue back that, although Bitcoin's price might be "too high", it might also be mispriced towards the lower extreme of the cycle. The market hasn't truly priced in the Halving, AND the true nature of the Bitcoin spot ETF.
But we can see the proof of that in a simple chart. Research Gold ETF - when it started, then look at the Gold chart after it started.
When Bitcoin was created some people didn't believe Bitcoin would grow this big in price so yes Bitcoin price is high but not too high, however a time is coming when it will be very high in price but the good thing about Bitcoin investment is that no matter how high in price Bitcoin is one can still invest by Accumulating little by little since is divided into small units. For now one can't say Bitcoin is too high in price, but I will love to ask at what price will one say Bitcoin price is too high.
When it comes to Gold and Bitcoin, Gold has been in existence for thousands of years but Bitcoin is just some years since it's Creation but is growing so fast more than Gold, one can't compare the rate at which Bitcoin grew to Gold because from the chart one will see Bitcoin is doing much more better.
Bitcoin still remain one of the best investment in the world, 20 years to come people will be shocked that the growth of Bitcoin and I want to be part of Bitcoin till then.