When prices are dropping I noticed that once ETH surpasses 200, it starts rallying,
Some times it goes to 150ish but then always above 200$. What do you think is the bottom?
I would say that anything below $200 will become an established bottom price for it and anything on that area will be a buy area for me. I just watched an interview with Vitalik Buterin earlier in a conference which just happened recently (I can't remember the name of that conference) and I must say that their plan with ETH in the future is quite promising. I believe it tackles the Plasma-thing that will be integrated in ETH environment that will somehow copy the ability of VISA to process transactions every second. He said that it will be available next year, 2018. I can't remember if it is Q2 or Q3.
With that being said, I don't know if it will ever comeback to that sub-$200 area with those updates being laid upon by Vitalik.