How Is This Bitcoin Bull Market Different from 2017? Let the Data Tell

As of November 19, 2020, when this article was written, Bitcoin's price hovered around $18,000, which means one thing: we are in the midst of a price surge that has not occurred since the famous bull market of late 2017, when Bitcoin reached near $20,000. However, while tempted to compare today to 2017, the current price surge differs in some key ways. Below, we outline the potential conditions driving Bitcoin's current price increase and explain several key differences compared to 2017.