Too early for the 6 figure.
I wouldn’t agree that it’s too early, and we might already be close to that goal if China hadn’t happened (again), and that Mr. Mars didn’t manipulate the crypto market (Bitcoin is green - dirty - green again), and shill that joke altcoin that caused huge losses to any average Joe who believed 1D would reach $1.
Remember, we're still in a bullish trend. Bitcoin haven't experienced any shar drops yet since the bullrun started. So, I guess corrections and market consolidation might occur more often.
The bull run started after halving last year, sometime in August 2020 when MicroStrategy invested $250 million in BTC, and the year ended with a new $30k ATH. After that, we reached $65k, and shortly after that we found ourselves below $30k, so I wouldn't really agree if there weren't sharp drops - and which definitely caused a great deal of fear and suspicion that the bull market was over.
People are still selling at this price range, thus causing Bitcoin have difficulties on creating another ATH.
People are always trading, this is quite normal - but they are also very susceptible to manipulation and have a herd mentality that is very easy to steer in one direction. Those who have large amounts of Bitcoin and fiat can therefore still manipulate a market that consists mostly of weak hands, and their loss is always someone’s gain - big fish eat small ones, the law of nature.