Have we left the 200's for ever?

[spazzdla]

Will we ever go below $300 again?

[1715410817]

1715410817

[1715410817]

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[1715410817]

1715410817

[zimmah]

$300 is almost definitely the new floor, but maybe $350 might even be the new floor.

so yeah, the time to buy at $2xx has passed.

[spazzdla]

Bah.. I had / have buy orders I was hoping would hit on a dump..

[zimmah]

Bah.. I had / have buy orders I was hoping would hit on a dump..

yeah, same happened to me when the price was still below €200.

after that, i learned from my mistake, and placed a "take profit, stop loss order" at €275~€300 guess what? the price went just above €300 first and than dropped to €275.

the market is just trolling me right now.

but whatever, in the long run, it won't even matter.

[prodigy8]

Not forever because it can crash at any time.
But for now i think that we should not focus back to $200s.
For now the lowest maybe can go $300 and the highest up to $400

[OgNasty]

Will we ever go below $300 again?

You realize your subject question and poll question are opposite each other right?

[agath]

$350 is the new $250.

[LFC_Bitcoin]

Almost definitely left sub 200 territory. I hope 300 is the new floor but I never trust those god damn shorters & hideous bears so I suppose sub 300 is possible again.

[vendetahome]

Will we ever go below $300 again?

probably yes, price now is huge compared to below 300, it's 425$ now, so i don't think that it will drop  below 300 $ anymore, it will rise only

falling below 300$ would be horrible days for bitcoin, maybe even death of it because it would fall more and more each day

[~Bitcoin~]

haha my votes to no just make no as winner with 12 votes total against 11 yes votes. I don't think we will ever see that 200 again.

[romero121]

Yes I don't think we'll go sub $200 by the coming years. I feel bitcoin has reached certain value falling sub of that value can be considered as a major fall and the value seems to be $350.

[randy8777]

never say never when it comes to bitcoin. it's quite unlikely to happen, but it's still possible. did anyone expect the price to go sub $200 again after reaching an ath of around $1200? don't think so. but it still happened. bitcoin surprised all of us when it went below $200 in 2015 which no one thought was possible anymore. even at this point i am literally prepared for anything.

[hasiramasenju]

i would like to says yes we left $200 forever and i hope my predictions will not wrong because this year bitcoin prices looks stable at least for next few months 

[--Encrypted--]

topic subject: yes, I think so.
poll: I don't think so.

any lower than $320~ and most miners will get no profit unless they have a sizable farm.

[Pursuer]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

[1Referee]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Seeing the price go below $300 isn't that hard to be honest. It's definitely possible to happen in quite a short time. We just need some bad news or a whale to cash out his entire stash.

[Jhanzo]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Seeing the price go below $300 isn't that hard to be honest. It's definitely possible to happen in quite a short time. We just need some bad news or a whale to cash out his entire stash.

the thing is there are people that will not allow that to happen because getting below $300 would be a huge blow to bitcoin and there's a chance that it will continue to go down once the price reach that point.

[1Referee]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Seeing the price go below $300 isn't that hard to be honest. It's definitely possible to happen in quite a short time. We just need some bad news or a whale to cash out his entire stash.

the thing is there are people that will not allow that to happen because getting below $300 would be a huge blow to bitcoin and there's a chance that it will continue to go down once the price reach that point.

Once the panic dumps are in full pace, then even bots won't dare to add buy walls to support the price. Just keep an eye on the live orderbooks of exchanges when dumps happen. You'll see that bots are constantly pulling back their buy orders and placing them lower and lower which will make the support only weaker and weaker.

[Slark]

Never say never. For know we have period of stability and prosperity, with bitcoin slowly but surely being pushed upwards and only slightly falling down in response to some occasional negative news.
It all can change, when we will have some major bad news like total bitcoin licensing planned or ban bitcoin in major retailer shops. (Microsoft don't accept BTC anymore.)

[Sniper44]

Never say never. For know we have period of stability and prosperity, with bitcoin slowly but surely being pushed upwards and only slightly falling down in response to some occasional negative news.
It all can change, when we will have some major bad news like total bitcoin licensing planned or ban bitcoin in major retailer shops. (Microsoft don't accept BTC anymore.)

some nevers mean never.
$200 range is something that is not gonna happen period.

and stop with this Microsoft fake news already. it was said over and over that it is not true.
also bitcoin licensing is not a bad thing, it is the opposite, it means using bitcoin is officially legal.

[Hirose UK]

Will we ever go below $300 again?

maybe yes, maybe no. there will be always good and bad possibility, but the price is increasing right now. So I think for now the price probably won't be down.

[a7mos]

I voted for No as I believe that the btc price will not fall under $300 as long as there is no negative news appear which might drive some people to panic sell their coins and this is the main reason for any fall I have seen

[alisafidel58]

I voted for No as I believe that the btc price will not fall under $300 as long as there is no negative news appear which might drive some people to panic sell their coins and this is the main reason for any fall I have seen

People wont tend to panic anymore unlike in the years past,user of bitcoin now has faith in the coin and no black propaganda can put bitcoin down.

[pissedoff]

I voted for No as I believe that the btc price will not fall under $300 as long as there is no negative news appear which might drive some people to panic sell their coins and this is the main reason for any fall I have seen

Yeah we might not be seeing 200 or even 300 again unless some bad news about bitcoin appears on the news.

[MaxTax]

I voted for No as I believe that the btc price will not fall under $300 as long as there is no negative news appear which might drive some people to panic sell their coins and this is the main reason for any fall I have seen

People wont tend to panic anymore unlike in the years past,user of bitcoin now has faith in the coin and no black propaganda can put bitcoin down.

For the time being it seems we've left the 200 area. But we may see it back in a few weeks/months/years.
There is never a certainty but i know for sure I would buy in when the price goes there agian.

[Herbert2020]

anything is possible with bitcoin but i doubt that we will ever see price around $200 again. because there really isn't any reason for that. unless there is a massive second round of drama about the block size happens there will be no other thing powerful to push the price down and the block size drama is gonna get fixed soon too.

[LLec]

$300 is almost definitely the new floor, but maybe $350 might even be the new floor.

so yeah, the time to buy at $2xx has passed.

Yes but every thing could happened.... Could also touch 100$ in a short time (like wise another mtgox, another big scam and so on...)

[darkmagician]

absolutely yes, cause were now moving forward and going up and up,,until we reached the 700 marked this year..

[pissedoff]

$300 is almost definitely the new floor, but maybe $350 might even be the new floor.

so yeah, the time to buy at $2xx has passed.

Yes but every thing could happened.... Could also touch 100$ in a short time (like wise another mtgox, another big scam and so on...)

Now there are many bitcoin exchanges and the collapse of one of them should not affect the bitcoin price a lot.

[quadriple7]

Will we ever go below $300 again?

probably not, atleast it won't happen in near future, maybe later when bitcoin will die

also i don'tthink that we will go below 400$ too, it's 405% at this moment, but because of halving in July, price probably will rise to sky so we won't see price below 400$ for long time

[romero121]

We can't be sure of it. If the bitcoin price increases very high, soon it is expected to experience a steep fall which might touch $200 or even lower value.

[7788bitcoin]

Will we ever go below $300 again?

No, we are not. Even if the price of a BTC is $3000 now, I think the value can go down to even $0 if something disaster strike.

However, I think the price should be around $410-420 for the next few weeks, waiting for more developments in the blocksize debate....

[phreaky]

Will we ever go below $300 again?

No, we are not. Even if the price of a BTC is $3000 now, I think the value can go down to even $0 if something disaster strike.

However, I think the price should be around $410-420 for the next few weeks, waiting for more developments in the blocksize debate....

Never say never, but right now i have a good feeling we are stable above 400 dollar. Even if the price would go down i don't see it beyond the 300 dollar.
Which gives me a good feeling about investing into bitcoins now.

[etparle]

what a close race. Right now its a tie at 19/19.
I don't think we'll see $200 again, maybe we'll see high $200's but not $200 on the nose ever again unless btc is crashing and burning.

[Bit_Happy]

Will we ever go below $300 again?

Good question.
The crypto markets can be clearly insane at times.
Both $35/btc (yes below 50 is possible in a Big Panic), and $3,875 are still possible this year (or next), but the higher number is much more likely. 

[etparle]

Will we ever go below $300 again?

Good question.
The crypto markets can be clearly insane at times.
Both $35/btc (yes below 50 is possible in a Big Panic), and $3,875 are still possible this year (or next), but the higher number is much more likely. 

$35 bitcoins would mean some major catastrophe had happened.
None of the big vc investor guys who invested in btc would let it drop that low, they would be buying everything they can at $200 range, unless then were selling too.
Then bitcoin would be dying and its time to find a new coin to invest in.

[pissedoff]

Will we ever go below $300 again?

Good question.
The crypto markets can be clearly insane at times.
Both $35/btc (yes below 50 is possible in a Big Panic), and $3,875 are still possible this year (or next), but the higher number is much more likely. 

I don't see how the higher the number the more likely it will be. Higher number are harder to achieve.

[Pitchblackroom]

Will we ever go below $300 again?

Good question.
The crypto markets can be clearly insane at times.
Both $35/btc (yes below 50 is possible in a Big Panic), and $3,875 are still possible this year (or next), but the higher number is much more likely. 

I don't see how the higher the number the more likely it will be. Higher number are harder to achieve.

Well if for some reason Bitcoin takes off in a day to day sort of thing, yes it could get that high. But this year, definitely not. Q1 is almost done and we have not seen a lot of growth, we've kind of stagnated around 350-450$

[Yakamoto]

Will we ever go below $300 again?

Good question.
The crypto markets can be clearly insane at times.
Both $35/btc (yes below 50 is possible in a Big Panic), and $3,875 are still possible this year (or next), but the higher number is much more likely. 

I don't see how the higher the number the more likely it will be. Higher number are harder to achieve.

Well if for some reason Bitcoin takes off in a day to day sort of thing, yes it could get that high. But this year, definitely not. Q1 is almost done and we have not seen a lot of growth, we've kind of stagnated around 350-450$

No way in hell Bitcoin hits anywhere in the $3,000 range. You're optimistic thinking it will pass $1,000.

Growth in Bitcoin isn't a massive issue, especially considering the market manipulation that occurs. Anything that goes up over any period of time is good.

[btcxyzzz]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

[ultimatesky]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

No I disagree its all a matter of time before the bitcoin is getting back up to a high amount for sure.
Its of course difficult to say but it will most likely happen by the halving.

[1Referee]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

No I disagree its all a matter of time before the bitcoin is getting back up to a high amount for sure.
Its of course difficult to say but it will most likely happen by the halving.

Everything is a matter of time. The only thing is....Will you have enough patience to hold your todays coins till the time that Bitcoin reaches +$1,000 without selling them before that? Only a very few will be strong enough to do this.

[praprata]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

No I disagree its all a matter of time before the bitcoin is getting back up to a high amount for sure.
Its of course difficult to say but it will most likely happen by the halving.

Everything is a matter of time. The only thing is....Will you have enough patience to hold your todays coins till the time that Bitcoin reaches +$1,000 without selling them before that? Only a very few will be strong enough to do this.

Indeed, but I think it will go pretty fast if you ask me, its indeed a matter of time but it also depends on how you invested, did you thought about a long or short term ?
If you think about a long term patience is nr1 and if you wait you will get rewarded for sure.

[iTradeChips]

i think getting below 300 has a small chance of happening but i kinda want it secretly to make some profits after buying low again and riding upwards to the moon again.

[jacktheking]

Similar to the other 24, I voted for 'Yes'. I really hope that Bitcoin rate will not fall into the 200 USD range again but it is unlikely to happen. Bitcoin is really unstable. We might be at 400 USD range today, we might be at 600 USD range next weeks. And 200 USD range in two weeks. I'd say we will see Bitcoin price getting into the 200 USD range sometime later but not so soon.

[makingwin1]

Will we ever go below $300 again?

probably yes, i don't think that we will ever go to 390$ again, halving means a lot too to price of bitcoin, and fact that we should never go to 300's again

halving should boost price to 700$ or even more so we will never see 390$ for long time for sure

[Mr. Big]

i think getting below 300 has a small chance of happening but i kinda want it secretly to make some profits after buying low again and riding upwards to the moon again.

That is right, the chance of it to go that low is very small right now...mostly we will be staying above $300 and up..but there is always a chance to go low..It would be a very good chance for traders to buy at low price and profit later..

[BellaBitBit]

  It would be nice to be back in that price range to buy more but I say 90% yes that we have left the 200's - unless something unforseen happens.

[lemipawa]

It would be nice if we will not go down to that $200 level again. I remember the time that it started to drop when the news about Bitcoins XT started then started to climb again when news about halving starts and continues to climb as news that we are approaching  halving starts to spread.

[n691309]

We can't say that we have left the 200s forever because bitcoin price is unstable and everything can happen, but for few months or maybe for this year i think that we will not reach 200s again, because we are expecting $500+ $700+

[Hizzmoot]

BTC price is now a little stable (since 6 of March its 400-420) and going up in nearest future, so in following few months it should not go under this 300$.
But we can not say that it is impossible

[Kollor]

Yes of course, we already left the $200's but not totally, price is still susceptible to being dropped to that level...At the price right now, everyone is speculating a good news about bitcoin, so probably that is one factor that lifts it to hold...But, few dump of bad news and panics, I think we will be back again to below $300...

[Jmild1]

With the technology era. And with the boundness of computer in our life. I'll definitely say we're way farther now than way before because we're aready adopting the virtual things in our life. As our technology keep on going. The demand of bitcoin might go up because this will get popularirty as many people can access more about internet than the way it was before

[1Referee]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

No I disagree its all a matter of time before the bitcoin is getting back up to a high amount for sure.
Its of course difficult to say but it will most likely happen by the halving.

Everything is a matter of time. The only thing is....Will you have enough patience to hold your todays coins till the time that Bitcoin reaches +$1,000 without selling them before that? Only a very few will be strong enough to do this.

Indeed, but I think it will go pretty fast if you ask me, its indeed a matter of time but it also depends on how you invested, did you thought about a long or short term ?
If you think about a long term patience is nr1 and if you wait you will get rewarded for sure.

I am a long term holder, and it shows as I am holding since the price was sitting below $100 in 2013. Plenty of patience I have.

[mickiya]

We have left the not only the $200, but the $300 forever. Even if the price drops below $350, it is very brief.

[etparle]

$200 is long gone and $1000 is incoming. Hold on to your btc tight.

[maudevang]

we are not going to see prices below $300 ever again.
with the current state of bitcoin, I don't see any scenario where price can go that low unless something terrible happens which I cant even thing of happening. reaching $300 and below needs a massive dump and not to forget we are all waiting at 390-350-300 to buy bitcoin cheap so there will be a strong resistance against it.

Something terrible is already happening. If Classic does not prevail soon, Bitcoin is dead.

No I disagree its all a matter of time before the bitcoin is getting back up to a high amount for sure.
Its of course difficult to say but it will most likely happen by the halving.

The value of Bitcoin is always changing and that can be good but also bad because you never know what will happen with the value of Bitcoin.
Sometimes the value is high and sometimes low so it is hard to make a decision to sell or buy.

[maokoto]

No I do not think the value goes down (in normal conditions, i.e no big catastrophe). Probably the up from 300 is due to some halving sentiment already priced in price.

[RobinHoodster]

I think so we have not seen the 200's for a long time so I think that the answer is yes. This makes it harder for the people who do not have much money to invest to buy bitcoins.

[BruceLee007]

Will we ever go below $300 again?

i think that we can already say that yes, we left 200's forever, look at price now, 430$ and price still rises, and don't forget halving, it will happen in July and will rise price of bitcoin

if price will fall below 200$ then it will be really bad days for bitcoins because nobody will buy it, we will see sellers only, so bitcoin might even die

[lister storm]

No I do not think the value goes down (in normal conditions, i.e no big catastrophe). Probably the up from 300 is due to some halving sentiment already priced in price.

the price will surely not fall under the 400 mark anymore because the halving will make the price go a little bit higher thus allowing us to make some good money in my opinion

i hope that 200 will never come back and we will see only growths in price that will make me a rich person in the future, though no one knows what the price will actually be

[snipie]

Good bye $200 we will not miss you again 
Well honestly it is hard to see such price again especially after the halving, voted No

[gtglener]

I think yes, one day when everyone will sell their coins and the demand will be no more there then the price will reach to much bottom, and at that time we may have at about $300 or less.

[bitdumper]

When bitcoin was $400 in 2014 nobody knew, at the start of 2015 we will see a huge dump, $200. if we a get hype like that again,  we will see  that again, probably a year before next halvening.

[KennyR]

Good bye $200 we will not miss you again 
Well honestly it is hard to see such price again especially after the halving, voted No

I too voted No, but none is sure about this because bitcoin has faced peak rise and fall often. I believe last time halving had ended up the $200, so possibilities are low to see the price then.

[pooya87]

When bitcoin was $400 in 2014 nobody knew, at the start of 2015 we will see a huge dump, $200. if we a get hype like that again,  we will see  that again, probably a year before next halvening.

that is not hype that would be FUD and no FUD is big enough to decrease the price to $200 (it is a $225 decrease) the last FUD was created by Mike Hearn and that was huge but only could decrease the price $30-40 and that was not the only FUD, there were a huge wave of Ethereum FUD alongside it.

[Amph]

i believe we also left the 400 forever, see you in the 600 range soon, it's clear that the 400 is the new bottom, if you still think otherwise, you lose the great pump that is coming

going short now is a suicide...

[NordicRanger]

I do not know it seems like it but the price can always go back. But for the people who do not have much money to invest this can be a problem and it will surely effect the bitcoin users.

[CasioK]

I think so we have not seen the 200's for a long time so I think that the answer is yes. This makes it harder for the people who do not have much money to invest to buy bitcoins.

They must have to buy a little amount of bitcoin if they are unable to buy much, as for little earnings and buying not all the bitcoin users lose their wealth to bring the price at $200 once again.

[gkv9]

Nothing is impossible actually, as based on Newton's law, whatever goes up comes down too...
So, when the price went to $300 and came back to $50, same when it went to $1.2k and came back to $200, I think it won't be impossible, but still it ain't possible at all in the near future...

[voztata]

Will we ever go below $300 again?

i think that we can already say that yes, we left 200's forever, look at price now, 430$ and price still rises, and don't forget halving, it will happen in July and will rise price of bitcoin

if price will fall below 200$ then it will be really bad days for bitcoins because nobody will buy it, we will see sellers only, so bitcoin might even die

Yes, I also think that the price is now going up and will continue to go at more height, as the adopters and buyers are now more in number than the sellers, and whenever the everyone started to sell and the demand decreased the price will start to fall.

[talkbitcoin]

there is trick question here the topic asks a different question than the poll with two opposite responds, i think that is why the results are 50/50

anyways i don't think it is ever possible to see prices below $300 because if it goes even below $400 we are all going to buy a lot of bitcoin and the price will come back up again!

[mickiya]

there is trick question here the topic asks a different question than the poll with two opposite responds, i think that is why the results are 50/50

anyways i don't think it is ever possible to see prices below $300 because if it goes even below $400 we are all going to buy a lot of bitcoin and the price will come back up again!

I think we have left $300 forever if the bitcoin survive the next decade. The medium bottom is $400 now.

[Saidmod]

We will not see the 200 forever. It is lower than the cost of most miners. They will not sell below 200.

[Altynbekova]

Will we ever go below $300 again?

It can happen but I am not sure when it is going to happen. We have just left that amount and the chance is small that we already go back to $300 or bellow.
But it can be that we are never going to be able to buy coins for around $300 again.

[LFC_Bitcoin]

there is trick question here the topic asks a different question than the poll with two opposite responds, i think that is why the results are 50/50

anyways i don't think it is ever possible to see prices below $300 because if it goes even below $400 we are all going to buy a lot of bitcoin and the price will come back up again!

Yeah I thought that, I nearly fell for it too when I voted.

In response to the subject of the OP though - we are done with the 200's now, I doubt we'll return. People voting for a likely return to 200 are butt hurt bears or people who didn't invest back then & want another bite at the cherry.

Sorry guys the train has left that platform.

[romero121]

We will not see the 200 forever. It is lower than the cost of most miners. They will not sell below 200.

Yeah we won't touch $200 even in very bad market situation. One reason among this is described in the above quote. $400 looks to be good for miners as well users.

[naidray]

there is trick question here the topic asks a different question than the poll with two opposite responds, i think that is why the results are 50/50

anyways i don't think it is ever possible to see prices below $300 because if it goes even below $400 we are all going to buy a lot of bitcoin and the price will come back up again!

Yeah I thought that, I nearly fell for it too when I voted.

In response to the subject of the OP though - we are done with the 200's now, I doubt we'll return. People voting for a likely return to 200 are butt hurt bears or people who didn't invest back then & want another bite at the cherry.

Sorry guys the train has left that platform.

I'm sorry but I'd have to disagree that people like us who thinks bitcoin may return to 200s are butthurts, when in fact we are not. Some of us are just making some special margins and not being too optimistic about bitcoins. We are indeed optimistic but we place also margins for errors such as the possibility of unfortunate events. The chances of seeing 200s again are highly unlikely, but it is not impossible like maybe 0.01% chance or something. It's extremely low, but it's not 0.

[CryptoBjorn]

We will not see the 200 forever. It is lower than the cost of most miners. They will not sell below 200.

Yeah we won't touch $200 even in very bad market situation. One reason among this is described in the above quote. $400 looks to be good for miners as well users.

I don't see it happening. The new low is around the 250 - 340 region. Not anything lower. However there is a big difference between 250 and 340.

[HarryKPeters]

We will not see the 200 forever. It is lower than the cost of most miners. They will not sell below 200.

Yeah we won't touch $200 even in very bad market situation. One reason among this is described in the above quote. $400 looks to be good for miners as well users.

I don't see it happening. The new low is around the 250 - 340 region. Not anything lower. However there is a big difference between 250 and 340.

I am a little bit more optimistic and I believe it is somewhere around the 300 - 320 region. The last low was around 320 if i remember correct
Which means we could go down there easily, but i don't expect that to happen.