We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
We have different limit in every investment that we made. There are different types of sellers,The people that is selling maybe reach their limit or they reach the amount of profit that they've wanted. Another seller is the panic sellers that is newbie and always afraid to loss, they are afraid to see a bloody market and easily become frustrated when the value of their holding decrease.