There would be a big media frenzy, people will be looking to come in, buy up bitcoin and other alt coins, giving most of them a rise. That's my opinion, but I feel it's the most logical one.
It would be exactly the same 2017 wherein those users who have no idea about bitcoin invested it due to media frenzy and the way Bitcoin's bull run was showcased. I think newbies will invest more without knowledge if bitcoin reaches that figure to further pump the value and they will be the one to do panic selling once the price falls thus creating the dump ad well. I feel traders will be in huge profits.