It will be sad if we reach indeed a new low of 2016, but I hope we will be able to maintain a price of at least $400 long enough to make us advance to $500's and higher. I hope the low of 2016 is the low that we reached today. Right now we are very close to the $400, one good dump is enough to make it go sub $400. Let's see what happens the comming 24 hours.
That is sad, but is always have been this way that every year we have a lower price and the highest price.
I think this year the lowest can be 350 dollars and the highest 1000 dollars and the stable price I think it would be 800 dollars. By the way this the year for bitcoin so we will see more good things than bad.