Why do I only see 150,000 in this round of BTC market?

Many people say that BTC will rise to 1 million dollars.
But it should be noted that
Bitcoin can exceed the market value of gold at $760,000.
You should know that gold is bought up by the national capital of various countries; individual retail speculation is of no use.
Unless the United States really sells all its gold reserves and turns to buy Bitcoin, there is this possibility...
If it rises to 1 million dollars, then both China and Russia would have to buy all the Bitcoin, and I estimate it still wouldn't be enough...
When everyone is infinitely yearning for Bitcoin, haven't you noticed it seems a bit stagnant...
After breaking a new high in 2017, it rose 20 times in one year, and after breaking a new high in 2021, it rose 3.5 times in one year.
This year, it broke new highs and then fluctuated for more than half a year, hesitatingly surged to 120,000.
Retail investors may be reckless, but institutional investors are definitely fearful of heights.