It's driven by speculation, any serious speculator will never miss this vehicle, this is just the beginning

5 hedge funds, each push the price to a target area (like 4x) and dump it to the next one, they keep buying and selling with profit, same game wallstreet guys have been playing for decades

Actually I think the biggest enemy of BTC are these players with huge amount of fiat capital, although BTC was designed to be a currency free of central banks manipulation, it still could be manipulated by the powerfull players in the market