Its not panic buy ... yet. Fear/greed index at 65 now showing "greed", changed from "neutral" yesterday. There was not even a single day of "extreme greed" yet. We had "extreme fear" for 2 months straight. Its not panic buy. Its technical buy after breaking downtrend line and 42k resistance after retesting and hitting new middle term high, broke 200D SMA. Perfect buy from technical point of view ...
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We'll be talking about panic buying above 100k$. But first of all ... we need to hit new ATH which might be hard and take some time because old ATH was made as 3 month consolidation. Huge amount of volume was made at ATH.
I was going to say something similar. But I think the panic will start again when we break $65k or so when we break the previous ATH.
It's amazing how people refuse to understand some things and constantly make the same mistakes - and most buy BTC only when the price goes up, instead of doing the exact opposite.
I know some people who usually do that but I`ve lost hope. They are led by their emotions and keep doing the same, usually losing money.