There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)
It is all probabilities ofcourse, but I don't see anymore, how sales would overwhelm buys.
The story might be a final push for many who have just waited over the months and years.
Btw. the most interesting part IMO was that
despite a million percent gain, he only sold 20%. With the remaining 4000 bitcoins he is among the top 200 worldwide and why not - Norway is one of the remaining independent countries. Even the taxman was curious to make the regulations conform to bitcoin and not the other way round.