I do not believe anything bad could happen neither. Sure it was a huge increase and I understand the scare, however "although crypto is volatile, price moves according to candlestick pattern" is not correct in my view, I do not agree with that. What happens is, you go back in retrospect and you see that it moved in this pattern and that pattern and you put the same patter in the future and see something horrible and get scared, whereas the real situation is patterns work in retrospect because you take a look at it that way, but doesn't apply to the future because it all depends on what's going on.

We could have grayscale putting 1+ billion dollars in shorting bitcoin, sell all their 500k+ bitcoins, earn from 100x leverage shorting,  and eventually have 100+ billion dollars from all the way bitcoin drops. However we could also have them finding another investor, like a huge morgan stanley, jp morgan type of one and get another 20-30 billion dollar investment to buy bitcoin and we could be 50k+ in a day too.