I believe KennyR is right. It doesn't necessarily have to happen, but I do think we will see the price below $400 one last time. One more big dump just to shake out the weak hands. $385 is a good guess for where it will end up after it gets whacked down. That would be my buy target, if I was to buy more. But, if I didn't currently own any bitcoins, I would't wait and would just buy now to be safe. Because a $35 difference isn't that much.
My next big prediction is that we will never see $350 bitcoins ever again. Just as we will never see $70 bitcoins again and haven't since the last meteoric rise. I think we are on the verge of the next big move up. We will stay steadily climbing higher until $450-470. Then right before/during/or right after the reward halving we will get the knock down on the price as an attempt to scare everyone out of their positions. It will work on a few, but for the ones who have been around for a while, we will just HODL and yawn. This knock down will not last long, and will be the last opportunity for cheap coins before the moonshot.
Making a new thread, because I don't think many saw the latest prediction I made on April 5th in the "$350 will be the bottom" thread.
