Thanks for the informative article. Keep up the good work.
Tom Lee, who used to be the former Chief Equities analyst for JP Morgan is one of Wall Street's top Bitcoin bulls. He is advocating for investors to HODL. His Bitcoin Misery Index currently stands at 28 which is at the 'misery' level. Whenever this has happened before Bitcoin has rebounded and gone on to another bull market phase.
Mass adoption is coming to the West it just might take abit longer than S.Korea where a third of the working population have crypto investments. Bitthumb exchange is planning to roll out an app allowing thousands of stores and landlords to accept crypto in payment. In Japan the infrastructure is being rapidly developed to enable mass adoption.
Demand is not going anywhere. The millenials will continue to drive demand for cryptos forward over the next period.