That having been said, I doubt BTC will be $2.60 a week from now. It's most logical that after this washing-machine spin cycle (or stomach-churning roller coaster ride), the price will be...what it's been for a couple weeks now. $3, plus or minus.
This is the only time I disagree with you
Given the dumping volume, it's hard for the price to climb back to $3. Of course it's based on my experience on tradining penny stock and BTC might be different (although they're more alike IMO).