You are quite right when you affirm that the price is moved by people's feelings, it is true, although we must take into account that we must determine at what stage of the market we are currently, personally my Wyckoff-based analysis is at a beginning stage bullish trend, and I think that before 2022 it can reach that price range, because some massive purchases have already been seen after $ 6k, which caused the price to rise, and according to this, BAKKT will start on 23 September of this 2019, this is something very positive, I really dare to say that many buyers will enter the market buying at the price that is and with large volume. This helps the BTC do something similar to a re-accumulation, so the price will quickly win a new ATH.