Major negative news keeps pouring into the media and bitcoin forums. Bitcoin and other cryptocurrencies are clearly in a downtrend. There WILL be ups in between, but new all time lows of 2014 will keep coming. Major countries, like China and Russia have been bitcoin. USA will not regulate it. MtGox has major financial problems, a major bug in the bitcoin network was found. Overstock's shares, the first major retailer accepting bitcoin, dropped by 20% recently.
Buying now = dangerous. It will continue to go down. Bitcoin at least $400 in February, Litecoin at least $10.