350 is the new low. I've seen the price go down a few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
We all hope that it will be the bottom. But you can never know what will happen. We all hope that it will rise for a long time.
And that will be pretty good for those people who already has made an investment. And I hope also that more people are going to use Bitcoin.