With what is happening in crypto space this time as against 2017, there is the possibility to see Bitcoin price action above $20,000 anytime soon

I wouldn't compare this current time frame with the 2017 one. That bull run was when BTC hit 20,000 was the last one in the bull market and it was actually more than 500 days after the halving and this one is just a major one in a new 500+ bull market. We're still far away from the peak so why comparing this with the previous peak. Getting past $20,000 is somehow just the beginning. Totally different time frames.