Bitcoin has become more popular in the financial world due to its sudden growth but When I see exchanges there is a high percentage of people who are trying to sell there Bitcoins to make temporary gains using current price increase and some fear this is a temporary situation so they use this moment to abandon the market but My personal opinion is they doesn't understand this is a time that any investor should invest more into Bitcoins because after along time BTC has shown us it is not a Bubble or just another financial failure so as investors we should have a clear understanding in order to make this opportunity an advantage
We cannot dictate what's on the mind of these sellers, holders has different mindset or motivation when they are selling their shares, they are selling to gain their profit because they already reach the amount where they are supposed to sell it according to their plans.
I don't think these sellers are dumping all their shares, it's very foolish to do that, they are selling a small percentage to gain profit from hodling.