I know there has been some changes with Bitcoin, but I wouldn't think that anything big has happened (nor do I know of anything big that has happened) in the past month to justify this mass price influx. This is insane, and I really don't see a point to it.
I would expect some of you to know a bit more then me about it, so I await some more insight. Thanks!
The main reason for the rapid increase in bitcoin price is due to many people got the knowledge of bitcoins so they are started to invest on bitcoins which is creating huge demand for bitcoins results in price increase,but it looks like start of bitcoin era in some years the bitcoin price will hit moon so we need to keep our bitcoins without spending or investing in other form.
Yeah the price movement surprised everyone because the bitcoin price hit $10K before the expected time which creates a feel on people mind that bitcoin is really good investments.