Let us not talk about the falling instead lets look for another hype lol.
$10k is indeed in good faith this couple of months but we need more because the situation now is subsiding from the Burn of Covid 19.
so basically purely Pumping is what we need and more off the Election of US is soon to come,surely another movement will near to come.
I'm surprised that the past movement took place long (relatively) before the elections. What caused this? I don't see any fundamental factors at the moment. I see that the hashrate of the bitcoin network is breaking records, but this cannot be the reason, usually it is a consequence of some positive changes.
This might be because of the market recovering slowly from the devastating corona virus situation that was caused for several months and even now it has not cleared but has really slowed down and everything is getting back to normal. Maybe if the virus spread did not happen we might be having 16-17k price right now but the price was suppressed as low as 4k and the hike that was due to be taken place was spent all in filling the hole caused in march.
What I am saying is that the price went to around 4k in March and to lift it up to where it is now was a huge challenge in itself and imagine if the price never dropped we would had a new All-Time high price already. So as the market is recovering we are moving strong towards the next year and financial sheets are getting better for everyone slowly.