Bitcoin as a leader in both direction is pulling everything else down at this moment. Whatever direction Bitcoin moves, alt coins tend to follow. Obviously we can officially call this market as a bear market. This is not just a regular correction. Whether there is good news or bad news these little bumps are just a noise. The sentiment is simply too negative, and no new money is flowing into crypto right now. We may go even lower from now on, but that won’t change a thing about crypto and blockchain technology being as a future of not only payments, but everything else. Once bitcoin and strong cryptos adapt, people get confidence and than sentiment changes. It may take even ten years, but I hope I get to witness it. Sooner or later we get this long awaited bull market and then we get another bear market and so on. That’s how it works. Things are already happening. Bitcoin already has status of legal currency from many countries like Russia, Ukraine and other. Countries like US, Canada, Japan and European countries are currently working in the direction of regulating it, which clearly shows that bitcoin will be there but in regulated way. At some point we need some kind of regulations. It’s all about people’s confidence.