Where the hell is market cap going to come from? You guys always talk about this boom but the reality is nobody is using this technology - except mainly to trade. It's value is not seeing adoption increases, utility, dominance, etc. This drop confirms the chart is falling and with no good news around the volume, market cap, and utility - this fucking thing will continue to bleed until it's manipulated again.
I want to get to adoption and 20k+ but it's not happening within the fucking year. Bitcoin's market penetration as an actual tool is moving too slow. And come recession time, people will move their money out of risky assets, crypto included, and sit on cash. This thing isn't a safe haven for money, it's a furnace atm.