Bitcoin may not go that low again though speculators are saying that bitcoin is going towards $1500. I think bitcoin is going to grow more than bearish.  I was trying to review some of the chart pattern that has developed this year in relationships with what happened in 2016 and 2014 and one thing that I noticed in common is that there were more positive event at the end of the year and that always transmitted to positive price outlook at the end of the presiding years.  I think next year is going to be a bullish year and those that takes the risk of buying now are going to make money in years to come.