maybe.. but not because bitcoin will not increase in price but because they could have maximized their profits by waiting and buying bitcoin when the price is going down bitcoin will still increase in price for the next following months and its “peak” would be nothing compared to bitcoin’s price right after halving
it’s their money in the end so if they feel they can do and invest their money no matter how high the price is then good for them
Well, some of those who are buying right now are those who are new to it, so they never really had an opportunity to buy lower and I don't think they would wait for the next bear market to make their purchases so they don't really have a choice. However, some are those who didn't buy when Bitcoin was lower because they thought it will go even lower than that, and they are buying now because they have got the impression that it isn't going to $10k anymore.
You can blame the second category of buyers who are buying right now because they had the opportunity to do that earlier but they didn't because of their ignorance or maybe because of lack of experience and knowledge.
And that's what beginners feel because they don't have experience or understanding about Bitcoin and Bitcoin movements, and I understand it because a situation like that will make them confused and doubtful so that in the end they keep buying without caring about the price.
However, because there was a lot of positive news and maybe they tried to do a short research and there was still a lot of good news regarding the future price of Bitcoin, they finally decided to buy it. Because they already believe that Bitcoin will rise once or several times again which will give them profits.
And in contrast to those who have been involved with Bitcoin for a long time and also have experience and knowledge about Bitcoin, they will still buy if they have a lot of money. Because knowing that Bitcoin price will exceed the previous ATH, and I think that will become a reality.