I'm not sure we can compare beginning of BTC with today's time, from 10$ to 20$ is not the same as from 1000$ to 2000$ even it is 100% increase. Maybe things like ETF or Bakkt are not too important, but things like that can move price up and people just wait next big thing to happen.
What caused big pump in 2017 ? It is not some magical adoption for sure, but big FOMO caused by launching of BTC futures which eventually turned out to be a rather irrelevant thing. But that event is placed price of BTC here where it is today, without that big pump to 20k $ price could easy stay close to 1000$.
So if next pump bring price above 20k $, correction which can happen after that will return us to some new stable price, and then we will sit there for months or maybe years.
I disagree the notion that getting from $10 to $20 is easier than getting from $10k to $20k. It is exactly the same thing that is needed for both of them to happen. We need two things, we need more people interested in bitcoin and for that to happen we need bitcoin to increase a bit and create a huge hype.
Why did the price went from 1 dollars to 33 dollars ? Because the price was heard from everywhere that it went from couple cents to 1 dollar and than it got skyrocketed, same as last year when the price was $3k or so and than it went to $4k and people heard it came there from 900 dollar levels and than it reached $20k because of the hype.
We need "hype" and we need "new people" that's it, same goes for 1 dollar to 20 dollar and same goes for us right now as well. If get more people interested in bitcoin and we get the price to $8k-$9k levels at those moments, we will see 20-30 thousand dollars easily.
I'm not sure what exactly happened at the very beginning of
BTC in first years and how the media covered it, but I'm sure nothing was like today. The fact is that at the time very small number of people was familiar with this technology and
BTC was so cheap ( $0.008 -2010 ), and it take years to price come from 1$ to 33$, somewhere in 2013. It is not skyrocketed overnight as some think, but because of things like
Senate Committee Listens to Bitcoin Experts, Expresses Open-Mindedness or this news
Bitcoin Gets a Cautious Nod From China’s Central Bank.
BTC is always move up or down depending on good or bad news, but today this is a game with much more players then 5-6 year ago. Many are burn in last pump/correction after that, I doubt they will jump in crypto train so easy again. I agree price can jump easy above 20k anytime, but result will probably be 50-70% correction after that. That actually suits the majority of today crypto users, first profit - then development and long-term stability.