A pump and dump implies something that is hyped out of the air, a rally that is co-ordinated by shills.
I don't think this is what we're seeing right now. This is completely organic, healthy bullishness within the market due to the fact that people's expectations of future prices are much higher, due to events such as BTC halving. Besides, institutional investors have shown their interest last year, which is an added bonus.
So no, I don't think this constitutes as a pump and dump per se. It's just a normal phase of the bull market.
For an unpredictable and volatile market its really hard to tell that this is an organic growth and we cant tell if we wont see any possible dumps ahead.
Take a look on the current price increase where we do already almost hitting up that 8500 level.I can say that we are moving way too fast imho
but this is how the market works but we cant stop on where it would go.It always been unpredictable and this increase where we can presume
that current issue of US vs Iran might a possible reason or simply because we are heading on this year bull run.No one can point out which
one but its good to look at that we do at least near on hitting 5 digit price once again.