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
I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.
That is right. The price will not be higher until the release of the next Core Client.
It might rise to $600 after the market accepts the new SegWit.
i hope so it will up to $600 and i hope its happen in this week. and for now the rate is $581-$584. it get so many dump and pump in the market. we'll see about that later, maybe tonight something will happen for a good news.
There is no point in waiting for good news as it doesn't affect the price anymore.
As long as the selling pressure doesn't decrease because of the demand going up, there is not much that we can do other than having patience.