It's going down today but I'm confident that if it's gets a little lower then we'll see another pump with prices skyrocketing to around $550.
Bitstamp touched a low of $355 today. I think it won't go much lower than $350 but if it does, people will start buying for sure. I will start buying when it goes more in the direction of $320.
It is possible the price goes lower than $300, but maybe briefly. There is no major negative new about bitcoin recently.
My day started with $370 to $378, then at this moment, its $355 to $360
Looks like $500 is not within reach in the next couple of days unless another miracle in the 34th street again happened. Even yesterdays rate is not good, $368 to $378 all day long. Rate is going south but slowly.