whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
I bet that surely there are people who will go in and out of the market when market makes movement. More conservative traders or investors will want to scale out their portfolio when market makes a move as one one knows what will happen to the market the next few minutes or seconds. So in order for the price to really grow and stabilize what the market really need is long term traders and not speculators.