It is difficult to say anything about trading markets how they will move in future. I can share my thoughts about price of Bitcoin and those will not fall significantly anymore. A few percentage of ups and downs are part of trading and beauty of which can not be considered increase or drop at all. In my opinion price will not fall under $560.
Can you please explain more about why you think Bitcoin will not fall below $560? For me I try to not to get into this kind of thinking because in the real world anything can happen. We expect one thing and then the unexpected happens. But still I am a victim of this, so go figure.
Anyway back to my question, is there a technical or fundamental explanation as to why you think it will not fall below $560 or did you base it in your feel for the market?