You know what mate, I love your name  but going to the time don't say that "dumb" people will sell. They probably are scared and believed that bitcoin will go to $1k or even lower so before going there they have sold already. And also we can't blame them if they also believe news about countries banning bitcoin which are not a fact and there's no basis of its ban. They are misunderstanding those news that regulation means control and not ban. I'm just a believer so I bought at dip.