of course there must be many factors that cause the price of bitcoin to rise, but of course we just had the old bear market, namely in 2022.
so in my opinion it's only natural that today's bitcoin has increased because people who buy bitcoin in installments must have accumulated more. so in my opinion the cause could be the reason for the increase as you mentioned but what is certain is that there are many other things that cause the price of bitcoin to rise, so it is only natural that today the price of bitcoin will increase, because it has been in a bear market for too long.

and that's all i know.