The question I want asked be say at $600,000 dollars will you see bitcoin as it has reached it's peak or still on its way to it's peak
Even though the price of bitcoin touch above $600k today, not everybody that will sell off her bitcoin in that particular season, there are some holders that will consider the price they bought from, and it will not allow such holders to release all their bitcoin for sale. Those that bought bitcoin when the price was $40k or $50k, I think they will sell all their bitcoin to earn income because they know, it will take a long time before people will experience that kind of all time high (ATH) in the market. To me, I will see bitcoin has reached it peak for me to release what I have been holding over some years, and it will bring huge income to me and other holders that have been accumulating bitcoin before the price arrive in the market. Some long term holders will sell, if that price touch market but they will not going to sell all their bitcoin because they will like to reserve small in case the price increase higher
they will still make income again.