I think a lot of people are looking for ways to panic buy right now. The prices are good. Personally I think buying below $100 is a fabulous long term entry point.
I hear that for silver a lot: "Silver at $26 is a wonderful entry for those that have been waiting to get in". There's probably even more truth to it with bitcoin.
I for one am buying and trying to hold me back to have some fiat left for yet another drop... who knows. Can't predict anything right now.
Let's see what happens when the US starts to wake up and sees an actually functioning (not worse than before) exchange.