In fact, Bitcoin has been in uncharted territory since December 17, when it reached a new all-time high above $23k. It is now in pure price discovery mode. Many enthusiasts claim that this time the rally varies from 2017's craze and may signify a prolonged and a sustained rise for bitcoin.

"The flow of institutional news is becoming more steady and December has brought a whole new wave of interest, as can be seen from the chart below:"
https://miro.medium.com/max/1000/0*f2ubfazI7TAY1oAE.png
source: https://blog.kaiko.com/bitcoin-enters-uncharted-territory-december-21-2020-7279293d42fc