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
The panic sales of Bitcoin by people is as result FUD and banning of Bitcoin and crypto currency in some county believing that the end has come. I believe only those who has sell their holding that have lost compared with the current market price and dependent on the time they made their Bitcoin purchase.