Just a single word "bitcoin" from one of the world's richest person changed the entire BTC market, I never expected such a big pump after dropping to 29k and again till 38k plus. I just want to know are people still buying because of a small hype?

Why people are so much eager on a small hype from a single man does popularity makes big impacts on the market? Why people are not following the trend and strategy of Market? What's your opinion guys.