I wonder if anyone has done any game theory on how the Bitcoin market will evolve

These are some of my observations regarding Bitcoin investors:

Bitcoin has so many first time investors

So many of these investors are not in the USA i.e. this is their only investment (no other stocks / bonds)—most have not formal retirement plan in their countries.

These investors have never seen a black swan event—how will they ‘really’ react to Bitcoin going to $1K or 1M$ or to news of countries banning cryptos.

So many of these investors claim they will never sell (This is what now plan—after selling one at $20K), but in reality at some point everyone sells — if these investors lose their jobs, at what point do non sellers become sellers?

Now we have big funds coming in that will probably act as they do with other stocks, bonds.   i.e. with more emotional detachment.

—

My plan, as it is with my physical gold, is to let it ride forever—however I realize I am human with all the emotions humans have.  At least with my gold I can see it—what happens if we all figure out we have tulips?

Wonder what scenarios others might see out there.