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.
Exactly. Simple reason. People holds it because we all know that its value isn't stable so they think that in the future the price will be very high and if they will sell there coin the earnings on them was high. It just a matter of patient and time if you want to earn a lot because if you will hold it make sure to monitor it and of course bare with it and wait to rise.