What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
usually people will hold bitcoin when prices go up or down, when prices go up they hold bitcoin because they want to get more profit and if the price goes down they also hold because they do not want to lose and wait price back up
they do it for sure. they believe it could be because of betting on luck, it could also be because they have analyzed the market interest. Moreover, interest in bitcoin is growing, investors are increasing. then most likely the price of bitcoin can be greater than this.