Seems like that the markets have changed sentiments.

I think the pump could be attributed largely to the fact that bitcoin price was so stable at the $6600-6800 level which prompted a lot of people into buying, since they see that there is effective support at that level. When there is periods of stability and relatively small movements in price, it usually tends to mean that a pump is not far off.

And this pump has been just magnified by the fact that there were so many shorts in the market that were wrecked, pushing the price further up. But buying right now is buying into fomo which is something I think you shouldn't do. Wait for the dip after this pump to accumulate if you want to take on BTC as a long term investment.