Is there a way to understand why the value is skyrocketing?
Well price rises now, and don't even try to find reason for that because you probably won't find a good one, so just be happy that price rises, it might be because of halving, everyone buys bitcoins now so because of that price may rise
You can see now that the price is rising slowly and that is very good for the people that has already made an investment in Bitcoin.
But I hope that more people will use it and that the value will rise in the future. That is also very important.