Very possible. Since last month, an ever increasing number of people had gotten into the market. Thanks mostly to bitcoin breaking past $10k - and staying above this. Plus in exchanges making it easier to buy BTC with fiat.

The newcomers would later discover the market is more than just bitcoin. They get interested in altcoins too... which they can easily trade with the BTC they now have. The price pullback will be seen as an opportunity by many to come in "at a discount". Whatever direction the market takes, the price of most coins right now is better than buying 24 hours ago :-)

thanks for upvote and resteem

you are all wrong