$100K is not the target of most holders.
It's the target of most traders.
If they do panic, then it means they ain't in it for the long term.
Everybody talks about $100K, because it is the first figure Bitcoin has to get to that it would enter the 6 digit figure group.
That's like a milestone
Same would said about $250K,$500K and even a Million.
We are on our way to $100K doesn't mean that's our destination.
I agreed on what you said, $100k is totally not what the holders are waiting for because they have a different objective about Bitcoin, so the only people who are emphasizing $100k to be there targets are those who are trading because is from what the intend to achieve is making them emphasizing too much on that price, however sometimes I even used to imagine that if people will emphasize this much only on Bitcoin hitting $100k what would even become of them in terms of there reactions when the Bitcoin price must have hitting very high in the future, so actually instead of this long talk about Bitcoin hitting $100k we should be more focus on the future because obviously $100k will not only be the price of Bitcoin.