IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts.
I think now the currency price already very low, it will stop falling, I don't think the currency will be lower than the price of $6000, if when the currency price down to below $5000, it was a disaster for the whole encryption market, people will leave because of panic selling all encryption currency encryption market