But why we can't think like this. If BTC go under 100$, Then most people can buy btc. Because that price is not high. So will that bulk of buying orders hardly affect for a rise up?
Do you really think that their will be buyers. As per my guess even if Bitcoin price goes below $1000 , their will be huge selling and within minutes the bitcoin can even touch $10 also as 99% of them will try to sell it on any price.
Don't underestimate the potentially huge number of people willing to buy at those prices. Yes, there will be panic sellers, but there will also be fomo buyers for sure. While we don't know if the bulls or the bears will win, it's definitely going to be interesting if ever it happens; though again, I really really doubt it.