Bitcoin Value Increasing at a very rapid rate

Okay To be frank I never thought this was going to happen as we really had a lot of lamentations streaming in that the value of bitcoin took a sharp dip just few days back.

It fell sharp to about $1,880 per BTC.

But today, it just seems to keep flying high like someone is with a remote changing the numbers...lol

Come to think of it, what can be happening ??