The hype happened in 2017 is a bubble and the market has been manipulated by whales so never use that price in which $20,000 as basis of the value must be because its not accounted for legitimacy .
yes there is a high chance that the 20kusd pump last two years ago is only bieng caused by pure mannipulation becuase if we compare the adoption before from the adoption today i can say that the value must pump higher these days but unfortunately it does not happen but the pump last 2017 was not either a bubble because a real bubble will pop and the value will not recover anymore .
The ongoing rise is not due to the ponzi or hype anymore but because of knowledge that being learned by those investors, adoptions will bring this rise into a much stronger bull, the more we see good news regarding to businesses and government that begins to see the potential and now researching and little by little start to use the chain, the more we expect that natural pumped will take place.
The recognition will allow the accumulation and afterwards it will bring many more opportunities to rise high.