Most traders I've spoken to think this was just a bulltrap and that we're heading back to 6k and below. I'd say right now it's more likely we're going down than up.
Maybe the market is being manipulated by the developers
If people see that the market ng falling down they started to panic and they will start to sell their coins immediately to avoid a big loss. 
If this happens some investors or traders are happy because they can invest at the lowest price and earn more if coins will shoot up. I hope it will go down to 5k so I can buy more coins and hold it until the last quarter of the year.