The theory is not to be relied upon as a way to make a decision and I would even agree with the school of thought that held that it could be simply be a coincidence that the spike happen at the time stimulus package was released reason that the amount released to an average American is not to make rich or to be saved rather it's to meet basic essential need that needs to be met by majority of the people. This alone limits the amount of people that would divert theirs to crypto as I see it much more easier to buy groceries or pay for rent than to invest in crypto with high risk and be homeless.