I'm thinking we are near the bottom.
So where do you think is the bottom? I've read analysis that suggested $30K was already the bottom but it's already broken twice. The worse case scenario I thought was $25K but I wouldn't be surprised now if it dips below that level.
Anyway, I voted for $50K-$75K and that's my conservative guess. We'll probably have two more months of consolidation before hitting $40K again and to a new ATH.
~ I think this post should be in the Speculation board.
I agree.