As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
This is such a scenario that often happen and of course I will feel bad especially with that kind of huge difference in the price as you made as example but funny enough some hodlers will still not dump if they were monitoring the price and it hit tripple of their expectation.
So I won't doubt if greed hodl anyone back from selling off and moreover you can't expect that the price will begin to revert back to correction almost immediately. Well it is one of those things that happens in hodling and it will surely happen as we approach the bull run. So it is better staying around to check from time to time especially if the price is approaching your range.