Bitcoin reached a support level of 6800 and hit 7500 yesterday, new high.
Now that people have learned ICOs are selling ALT coins, they are slowly learning that regulations on ICOs and ICO advertising bans are not Bitcoin bans.
In fact some people still believe that China or India has banned bitcoin.
As more people learn that isn't true, BTC goes up.
As more people learn about BTC for the first time, BTC goes up.
As more people lie about a new ALT coin that will replace bitcoin, but you have to buy bitcoin to get the new fad ALT coin, BTC goes up.
As more people learn that ICOs are mostly scams, BTC goes UP and the ALT coins lose popularity.