This depends on the viewpoint.
I remember people saying the same thing, when Bitcoin (BTC) reached $1000 USD, and $10 000 USD.
Probably it will reach $200 000 USD too.
And even $1 000 000 USD too.
It has a maximum supply limit of 21 million coins, which cannot be increased.
Traditional money does not have any supply limit.
Bitcoin (BTC) is a limited asset/currency (anyone can see it however they like).
Maybe not too scarce, but still limited.