2020-2022 macro picture:

Crypto at 3T current adoption boundaries. Need another retail wave to break.
Crypto above 2T: bullish
Crypto between 1.5-2 Trillion: Indecisive, crab market.
Crypto at 1T is the new capitulation support.

Current range of market cap around 5x of 2016-2019 price band with a parallel amount of user increase (50 million > 300 million in 2 yrs).
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