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?
Popularity has high probability that bitcoins price will skyrocket.People truly believe in bitcoin because they already saw and read bitcoins history.People keep on looking for instant wealth and i think they see bitcoin as one of a tool that can make or fullfill everyones dreams of becoming rich.Thats is why they were confident enough in making investments in bitcoin,possibilities would be the pumping of bitcoins value in the market cap.