Thats true.More higher the bitcoin goes more higher the fees will go.Not only that if bitcoin reach 100000 do you think they keep their bitcoin and waited? I don't think so.Also whales will sell their bitcoin.No more more HODL.Everyone will collect their money and leave.Bitcoin will be useless any more.Market will crash to the ground also that will be end of other cryptos too
Most likely there would be people still holding even if it goes over $100,000. When Bitcoin was at its high last time there's people that held and even shared their losses, the same thing goes at a higher price. If there's a big run again many would sell their coins but not to the point where it would die. Imo it'll be similar to how low the price was last year.