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
Investors know that btc will not fall into zero value and the people who do panic selling is maybe a newbie, most of the expert investors did not sell at loss if they sell huge amount maybe they invest it in a low price and they already have earnings that is why they sell.