Bitcoinâs 2020 explosion is not the 2017 bubble again Early adopters who saw the potential in Bitcoin in the last decade have been waiting for this year their entire crypto investing lives. 27524 Total views Opinion Bitcoinâs (BTC) recent volatile price corrections might conjure up images of the 2017 crash in your mind, or maybe even the crash caused by COVID-19 back in March of this year. But the fact that Bitcoin has reached $20,000 for the first time in history is not a reason to sound the alarm. Despite the fact that the price of the worldâs most valuable cryptocurrency is up more than 225% this year, the current bull run weâre living through is unlike the Bitcoin mania we saw back in 2017. Far from it. There are four key reasons for this: