What I see as the most important is the advantage of the scenario that happen last week no matter how short-lived it was. It once again rejuvenate hope in the heart of those that have lost it, hope for those who are the brink of dumping and cutting their losses, hope to those who have given up till the future as to when they can come back to check how things are doing and lessons to those who just decided to dump just few days to the beginning of the run and that is the take out which I am expected to be sustained considering the good recent happenings related to crypto.
I get your point, but what you are describing hints at people who shouldn't have invested in Bitcoin in the first place. These people are clearly not made to expose themselves to the hostile nature of this market.
People tend to see this market as a joke or a fun side hobby that could pay off big time, but it's not and it won't because of people's ignorance. Markets don't go up endlessly, which is something they don't understand.
Overall, whether average joes are bag holding or buying high selling low, they'll lose anyway. It happens in almost every market already, where crypto as always is even more extreme with weeding out weak hands.
