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
Panic was struck due to lack of understanding of certain coins, talking about bitcoin should be a source of reference for other coins, the correction phase is not a reference that bitcoin will lose its selling value, bitcoin's achievements today have shown, that how important they are in the market, even though this situation is influenced by other things, so don't ever worry about the price drop happening to bitcoin, because that's a normal reaction that occurs in the market