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.
Many people are continously holding in the Bitcoin beacuse its value will keep on growing and increasing continously. You can serve it like an online banking wherein you can store up your money yet the difference is its value grows faster than banks.