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.