I don't see Bitcoin reaching 1 Million anytime soon. But I am not saying that it's not possible. I have seen that Mt. Gox victims who have chosen Kraken to get their payment have already started receiving emails saying that it would take two weeks to get credited. So, I assume Kraken will start distributing their Bitcoin in two weeks, and some of those people will surely start selling it.
The case of Germany is different because the country decided to sell all of its Bitcoin. It is different from Mt.Gox. Because the receivers have different outlooks, we will see how many of them will sell and how many will just HODL. I agree there's a temptation to sell because of the profit it generated, and if you're not that rich, this is a big blessing for you.
Nothing is hidden in the market; CoinTelegram is very fast to get the news out on what happens whenever there is a sump or a spike in the price, especially if there are significant movements.
For one million it is excessive if seen today, but it is not impossible one day maybe in the next few decades might be very possible for Bitcoin to reach that price.
Yes, it can confirm this that the German case is different, they sell for the creditor from MT Gox, maybe we can predict into two, first there are those who sell and some will hold on or move their ownership to their personal wallet, but that does not mean that the pressure is not on , I think there will be sales, especially some people who want to take profits, will definitely do it.
But if the Bitcoin owner is aware that the next year is the best year for the end of the Bitcoin cycle, of course they will hold, we will pay attention to the two paths in the market.