I'm no expert (so please feel free to pick this apart and help me learn more cause this stuff evolves and changes p much daily but at least weekly) but in my opinion from what I can see across America at least. I think everything is collapsing slowly and as everything else "goes down" people are starting to give up on American money and nothing has value really if it's an valued in the American dollar (and I don't say that to be factual. It's just my opinion. Since we came off the gold standard and printed more money nonstop for Like 40-60 years or so since. I just think USD is worthless tbh and increasingly worthless as time progresses which is why I got into BTC in the first place.) So now all these die hard that only did stocks or real estate and never believed in or knew enough about crypto that just stuck to those guns, those are the people flopping rn. I really do think BTC has the potential to completely devalue several if not most of even all individual country currencies. So I guess in a way as things like stocks crash, and real estate crashes, and inflation has crippled anyone using that inflated currency all that's gonna stop and more and more people will turn to BTC and Blockchains and etc finally because they almost have no choice. BTC going up (and especially right now through these big crashes and markets crashing like ftx. I've heard speculation that Binance might be about to tank as well. several others as well but idk how much to believe.) Is caused by people flocking to BTC rn cause it's the only thing stable rn. And that Bitcoin halving is coming up next march, I'm expecting a potential 100x according to another post from this sub, but realistically I'm only planning for a potential 50x. So low-key BTC is the only thing stable or going up. USD, fiat currencies (which is the real scam) backed by banks, all all these banks and ponzy scheme crypto exchanges and altcoins and blah blah blah they're all tanking trying to hang on to the dying USD. Finally those diehards are switching over and we're experiencing growth currently because everything else is tanking rn has tanked recently or has potential to tank at any second really. Thats just markets tho numbers wise, and algorithmically, BTC is designed to increase its value by creating its own scarcity which is supposed to cause the value to grow all in its own.

Sorry if all that's confusing and jumbled together friend, in summary: The growth or "going up" we're currently experiencing rn in my opinion has p much nothing to do with algorithm (although BTC IS designed essentially to constantly scale and increase its own value already) and everything to due with failing economies and companies "going down" or even all together just full on tanking, outside of itself. The rest of that "going up" will come later over time.