(I'm not a bitcoin investor just a newbie amateur who is just starting, although I've been watching bitcoin for a few months and I am economically semi-literate.)

From what I know and from what I'm hearing, there will be moderate bull trap, followed by a rough climb back up to ~250 and beyond. The popularity of Bitcoin has only recently begun rapidly increasing, demand outpacing supply, yada yada. People have been advertising Bitcoin's ideological and technological interests for a while now, but only recently have people been advertising the thousands of dollars they are making off of it.

So, I believe many "late"-comers will be keen on taking the advantage of a price drop and the price will begin climbing again. If I was making investment decisions for the long term (not day-trading, fuck that lol, I'm not even close to that stuff), I'd continue investing with guarded optimism.

Until I see some exploitable flaw with bitcoin's tech-side or some economic issue outside of bitcoin that negatively affects it directly, I see no reason not to cautiously invest if you are going long-term.

Once again, I'm taking my own opinions with a pinch of salt.