i keep seeing the same thing happen. the most recent one was with the $1250 rise that everyone was saying iti s too high 
then price dropped down to $888 and most of those people who were saying it is too high were still too scared to buy bitcoin.
then price dropped down to $888 and most of those people who were saying it is too high were still too scared to buy bitcoin.The fact that the price of bitcoin has soared beyond $888 proves that people were willing to buy on the discount, more than were selling or remaining on the sidelines.
Sooo...your point has already been proved wrong.
i am talking (warning) a certain group of people not everyone obviously. i personally am one of those who bought at that range of price.
i am warning those who find out about bitcoin after the rise happened, for example when it was headed up towards $3000 and then they say "price has gone up too high, i wish it dropped so i can buy" and these people never buy when price dropps because they think "because it dropped down to $2300 it can drop down to $1300 too, so i will wait"
and surely enough they will wait and miss the chance of buying it cheap and the opportunity passes by.