What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time.
Actually, there are many reasons why people hold their bitcoin. In addition to that, some people hold their bitcoin because there is a chance that the price of bitcoin will rapidly increase in the future and people believe to that. Holding bitcoin or any coin will help you to gain more income but it took time to wait.