Found this on ccn
Bitcoin price is being traded lower in small price steps as buyers eagerly take advantage of new lows, and profit takers fill in the ending of the current wave of decline. After another correction we could see an additional wave of decline. Will it be foreshortened by buying demand or catastrophic due to mass participation?
https://www.cryptocoinsnews.com/bitcoin-price-decline-coming/What does everyone think? Are we headed for a price decline in bitcoin?
I'm not sure if the price will continue to decline as it has for the past 15 months, but Bitcoin needs something big to reverse the trend. Something like dedicated savings programs for everyday people, and a guarantee fund backed vault.
As much as I believe in bitcoin, they are missing many things that DNotes is building or already has in place. Mostly in the way of PR, infrastructure, and good business and management practices. That said, it's hard to make a judgement based on that article, $193 is not unreasonable to me over the short term.