speculation will never end because everyone who came in crypto world ahead of us already witnessed how bitcoin rise and fall and when it rise it is always at the new ath record.
Well you are right we all see how far bitcoin going down and up we cannot blame people why their all selling bitcoin because we notice of the negative news in the market & continue falling down of bitcoin, but the good thing theres a high possibility the price can be climb easily like what happen on 2017 december correction.