I agree.
Also, in my humble opinion, the spike may be in relation to the number of buyers, more investors widens the fields, offer more stability to the value and credibility of each coin. But, nothing is guaranteed, they have no threshold so they can go down as fast as they went up.
I know that some of the concepts I've written may be common knowledge but it boils down to it.
I thank you again and cheers! 🍻