in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
And you have based this off of ?? What? Random guess? Lots of newbies around? The price being 10x in a year? Why would you say that without any facts to back it up? I'm in bitcoin whether the price in fiat goes up or not because I believe in it as a currency. You can't generate more bitcoin out of thin air like you can with garbage government created bullshit fiat.