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.
There's a chance for panic sell to happen but with the market yet to reach a new ATH price and the enormous traffic which the cryptocurrency market has gained this year even if the bigger price correction happens i expected few investors (which i believe are naive investors) to panic sell.