It has similar proportions to the silk road dip, and it would only be fitting that an uptrend starts on a down spike.
This also has a fundamental drive to it - 'bitcoin declared not banned'
but unfortunately, we have seen a lot of dips. One for each exchange closed, and I wouldn't bet that this is a bottom until Huobi has either shut down, or the fifteenth passes and Huobi is still running.
.... having said that.... long from 355