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 believed many people don't have charting skills to analyze price movement of cryptos particularly bitcoin whenever there is a bullish runs definitely a pullback is imminent thus in such a scenario newbies will start panicking sending wrong signals FUDs just as it is played out now bitcoin had retraced from $8900 to $8400 and the price had started pumping again, this is price action and does need any cause for alarm.