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.
The person will force it to hold the bitcoin because the person believes someday bitcoin can be sold in a more expensive price, therefore the person still insists on keeping the bitcoin not to sell it even in a crisis situation.
A thought that genius will not be arbitrary to sell something valuable even in a krisipun situation.