What's the point of HODLing bitcoins? Do you think that if we all hodl, the value of coin will go up? Why do you expect increased demand on bitcoin in case of hodl when there are alternative cryptocurrencies? There is no point to hodl money, money has to be in circulation in order for new products to be created and for services to be done. That's how this world works and functions.
If investors think more potential in Bitcoin and hold more then of course the price will increase due to the holding. First we need to be aware of why we should choose Bitcoin as a holding. In this regard bitcoin circulation, maximum supply and demand are the most important factors. Not certainly but we can make a prediction that Bitcoin price will surpass it's previous ATH. Which is not possible with any altcoins. Temporarily, many people try to make money by investing in altcoins and making a plan like gambling. There some will gain while others will lose their money. Some will do this consciously and many will do this type of mistake because they don't know. I would like to say those unconscious investors that if they had better understood the benefits of holding in Bitcoin, they would not have gone down such a wrong way. If investors are more aware they will try to collect more coins. If everyone tries to hold, demand will increase and ultimately the price of Bitcoin will increase. Today the total marketcap in the cryptomarket is 1.13 trillion where 545 billion in Bitcoin so I can never compare bitcoin with any other coins in the crypto market especially holding purpose.