I think this the matter of trend now. As people are seeing that the price is going to increase with the bull run, So, more and more people are getting involved again to bitcoin. As a result, the price may $12000+. What do you think?
A trand you say? Bitcoin from the beginning was the most popular and trand coin and investment, but this didn't bother it to fall down almost to 5k $ this winter. So, I think the point here is not about the trand, but something else. Unfortunately, I have not too much experience with crypto to give an answer for such event.