Thats true,Paypal news fueled the Bitcoin and helped it to reach 2017 levels. When you think about it, we are so close to new all time high, and if whales decide it that can happen in a few days. If i remember correctly it only took ten days for bitcoin to come from these levels to $19,000 so it could happen again and we end up this year with new ATH. At that level fomo will kick in and then we can expect real hype and further increase of the price.
For me now I feel the vibes are almost the same as in 2017. But with the announcement from Paypal (where they have a large community and user base), I feel that the bullish this time will be healthier when compared to 2017. maybe after hiting the new ATH there will definitely be fluctuations again, but in my opinion the bullish will last quite a while