Now the growth stopped and the fall began. Now not many will say that in the near future the price of bitcoin will rise high. It seems to me that panic began among the newcomers and skeptics.
People are equally as volatile as the price is. If the price is rushing up, people get excited and believe that we'll never ever see sub $2000 prices again. But if the price happens to go down significantly, people miraculously lose all faith and start coming up with all kinds of doom scenarios. That's exactly why you should always follow your own research, and ignore that what others are saying. It was like that years ago, and it's still the case today....