It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.
we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.
the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon