The new comers will mostly think that it is going to go down for morw but they haven't experienced most of the fluctuations before.
This is another sequence that we have to see for it to go higher. While the institutions and other huge investors are getting all of those bitcoins, probably many newbies have already panicked sold.
If they can read about bitcoin history, they will know that the correction will always come in anytime and that can be a discount time for them to buy bitcoin.
But unfortunately, not many of them use this time to buy bitcoin instead of selling their bitcoin because they worry if the price will going down for more.
It will not be a problem for the institutions and the other big companies because they can easily buy bitcoin in a large amount and if they see this situation, they will use it to buy a big amount of bitcoin secretly.
Hopefully, people can stay calm at this moment and still hold on tight to their bitcoin.
It is because their main idea, the new investors, about bitcoin is just it's always an increasing asset that they only have to wait until the price gets the sum of the highest that it can.
Experienced investors will just let this pass and would buy to take it before it soars again. This is very different from before where there were no news about big institutions believing in bitcoin.
