china will push bitcoins to $0 or possible negatives
western markets to bottom at single digits (hopefully)
my ladder is
$11
$7
$3
$.55
$.15
$.02

This is just bearish, Chinese have the strongest hands.
If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.
Do not underestimate the possibility someone just sells a lot of coins at once. It would be foolish, but posible. It would be worth buying at these prices then