When there is panic in the market, which there is, you will always have people who sell their BTC and altcoins even if they have a significant loss.
All the holders will have profit in the end, but you need to have patience!
Panic is not even a good thing and it is always better never to let it affect one's decision most especially for those who are long term investors. That is the idea, create fear in the minds of the weak hands so they can dump and this is because almost those people in that category invested into FOMO, were thinking of the idea of getting rich quickly and now things are going otherwise but forgetting it was actually meant to be a LONG TERM investment. However, it is normal to always see resistance at points like that.
My point is, we can't expect the price to rise and fall the same way as the last year.
We cannot expect the same to repeat but we can expect similar growth to happen in coming months as long as the potentials of bitcoin remains stronger. Those who do not have any doubts on bitcoin's future, wont sell for sure.