I would not expect for everybody to hold onto Bitcoin. Mining farms cant do it because there is a cost to mining.

All the merchants are dumping into fiat so I am sure we need more people to buy and hold to bring up the price, but a base price is just a base. No reason why Bitcoin with a base price could not also climb to $2000 or $3000 on its own.

What we need are some great ways to get Bitcoin to be adopted by the masses!