There are many older traders that belives crypto bottom is still ahead of us.  I belive in that less and less, but yes thee is still quite a chance for bottom in Q1 of 2017.   But. BTC cant go down much more. Monero will go down only as much as BTC, no more.  In case of Crypto bottom Monero will be safest bet beside BTC. All other coins will lose way more.  Beside that I am quite positive that Monero will be worth more 1 year from now in both USD and BTC.   Uh and I also said long time ago that Monero will not go under $50.