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.
I agree with you, that a reason because they are waiting for the right time of the price of bitcoin is good. We believe that on coming days the value was good and the money will secure and their money was safe even in long time we will keep. Some people holding their bitcoin because for the savings, or for the future of their family. They also wait so that to be sure that they will earn good profit.