The bottom will be somewhere around 10x BCH price
1.6k is to be expected.
I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.
In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.
Who to trust most regarding price speculation?
I think Ill go with theymos tbh!