Why did litecoin spike in 2018?

I’m new to litecoin and all other crypto. So forgive my ignorance because I know nothing. But what do you think the reasons are that litecoin went up to $420 on Dec 11, 2018, and why it fell back down so quickly. Also I see litecoin rising again, slowly, what factors will cause it to continue to rise (or fall)?

Overall cryptocurrency market cycle, overreaction-correction, overreaction-correction on and on forever …

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charlie sell ath :wink:

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