From my observation Bitcoin is still in a down trending bear market which still needs to proof its buttom.
In a bear market, the fundamental news won't matter that much as technical analysis and risk/money management of the market participants.
I agree that the overall crypto currency market is maturing and building up its infrastructure but we all still have a long way to go.
I see it this way the fundamentals are improving and now the only thing I need to do is to wait for technical driven market to show us the Bottom. If we then create higher highs its more likely to catch the next up trend when its starting to form.
Good luck everybody!