I think a lot of people who saw the last peak and missed the boat are very interested in the jump from $3k to $5k recently. I do wonder how many people bought in at the peak and will be waiting a long time to cash back out. The fact that bitcoin is limited to 21 million whole coins and there are over 7 billion people in the world does make it quite a rare commodity really, so long term demand is ultimately going to push it up.