Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
People tend not to understand how the market character, who often thinks that a market like that, and for me it's like that, negative or positive news, ups and downs of market prices and all who care about the price is very sensitive to some people for fear of profit or their money runs out, not realizing that there will come a huge rise not always down. From the earliest times of such a market but they did not panic and were used to or trading or investing in addition to bitcoin, they had learned the rise and fall of business, bitcoin just waiting time and wanted support from all users, because the price dropped its users who were selling because of panic , everything must remember that and change your way of thinking.