People selling just means that coins are being brought back into circulation and allows the network to grow. Do you agree? I think this is a different approach to what we usually see when people see the price dropping and people taking profit.
It’s correct. Selling is a part of growth for Bitcoin because it distributes to the new holders that interested on Bitcoin. The price will create a buble if no one is selling whenever there’s a price movement which is dangerous because it will create chaos once someone who has huge holdings break the continuous holding and decided to sell.
There’s a lot of buyers compared to sellers on Bitcoin that’s why the price can still manage to grow despite the pump and dump which is good long term.