But without panic sellers and fake new believers how can we make profit and at the same time buy Bitcoin at a cheaper price again? I hate to say this but there is absolutely no way to avoid having these kinds of people as if there are no people like them the market won't be balance, I would even say it would be abnormal. Even if we try to educate all of them, their psychology will always be different to what we believe in. So if they want to change they must do it personally in order not to be part of the losing group.
The sharp recovery in prices on CoinDesk's Bitcoin Price Index (BPI) from the Friday's low of $7,695 ran into offers at a high of $9,471.46 at 21:59 UTC on Saturday.