Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again.
at the moment there are other issues( 51% atacks, FUD about exchanges, China atacking again...), and they have more seized coins to sell. So I doubt 27th will be the end