Agreed - I think a lot of times the spikes have been correlated to more avenues opening up for folks to invest in crypto. I think there's also a correlation with public equities but I'm still digging into that. Either way, buy the lows and hodl! I myself like to sell out along the "climb" since timing the peak is basically impossible!
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There´s definitely some huge correlation between the public´s interest into cryptocurrency and the market value. The more attention the media direct towards us the higher the prices will be :)