I believe that it will oscillate around 3.5k but I don't think that it is likely to go below 3k or even close to it. It seems that we will have this circulating growth in the months to come. Nothing drastic, two steps forward, one step back and so on. The important thing that this was the worse that we are going to see in the next couple of years. The only question is how long will it take for BTC to recover?
That's the question that no one can answer correctly.Because all we have right now are just predictions based from the previous price charts.And even a bull run that was predicted to appear in december is not really happening until now.So for now,holding is still the best option because if we will resort into panic selling because of the fears that the price will go down even lower,then losing is all we've got.