Chinese New Year, Indian cryptocurrency ban, Wall Street futures - please put all that bullshit aside and listen.
In December, there was an UNPRECEDENTED influx of new people. Exchanges literally received more new users than during all the previous YEARS. If you monitored the situation during 2017 (or at least most of it), you know how exponential things got at the end of the year just by looking at deposit and withdrawal IDs. And, attention, none of those people actually wanted to USE crypto (i.e. buy things), they merely wanted to speculate on it. To invest and get rich. There was no way things could continue going smoothly. All those bubble stages, enthusiasm, greed, delusion, they resulted in the December culmination.
You might say, "but this is not mainstream adoption yet"! Yes, technically it isn't. But when you finally start hearing everyone say, "you can buy things with crypto", it's not quite the same thing as when then say today, "you can invest in crypto and get rich". It's the latter that drives the price up. It's the latter that makes you rich. When crypto gets really adopted, you won't be likely to see as many easy moon missions because it will be perceived as a utility tool like PayPal rather than a magic casino where you can actually win.
