Its a psychological factor in humans for being greedy all the time. Like diamonds, if there value is like iron then it will not matter for people to buy but since it's price is very high so people think about its value in terms price.
Same happens with btc as same people who don't want to buy at $3800, are now willing to buy at $19000.
Actually, this is not a greedy mentality, it represents the investor's lack of experience and short-term vision. Many people have thoughts that will not buy Bitcoin at $ 3k5 because they have not really analyzed Bitcoin's potential or they have no faith in it.Same happens with btc as same people who don't want to buy at $3800, are now willing to buy at $19000.
In investing, the golden rule is to be patient and have a plan in place to prepare yourself for the worst. It seems that the crowds have failed to do this, so most people often guess about the end of Bitcoin.
