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 biggest problems is that people who are investing in Bitcoin just want to use it to solve their financial crisis by trading or holding at the same time just focus on it's price. They have very little idea of its widespread use, They were disappointed when the price of Bitcoin down a little bit. If we can get better knowledge about Bitcoin then its price will not fluctuate much.