yes this will be a good news for bitcoin because this action sould be beneficial for investors.if this happen then bitcoin price will be high and in cryptocurrency space bitcoin is more important currency. everyone want to see bitcoin price should be high and they make profit also bitcoin adaption is everywhere. if some major traders doing this thing then future will be bright.
And how does one make profit when the price is high? That's right by selling, the question is how much small sell orders will fluctuate the supply versus the demand.