Something you should think about so far is that bitcoin is still performing quite well despite its volatility. Market dynamics should not have a major impact on your long-term investment plans, unless you expect short-term trading. I agree that the behavior of some investors will be affected by these dynamics, but I don't expect them to be the primary benchmark for determining bitcoin's future.

I have managed to ignore the tempting volatility so far to sell bitcoins, but my accumulation plan for bitcoins is still ongoing as long as I have the budget. So in the end the impact of some external factors did not affect my long term plans.