If some bigger price corrections will follow we will definitely see panic spelling. From past experience in similar situation we can conclude that majority of people never learn anything and most of them are not experienced investors who have enough patience and can bare the pressure. Many people involved in Bitcoin are not ready for long term investment.
So, history will repeat, I'm sure of it.
In this market there are many panic sellers and even with slight fall form this price we can see a huge selling pressure could mount and may lead some drastic fall. But also brings an opportunity of buying on falls as it can bounce back again quickly and, in few days, only can make easily couple of thousand dollars with the volatility which generally happens when prices moves up and down in bitcoin.