It might continue downwards for a while, but in the end (I have no idea at which price), once the graph has been somewhat flat and stable for a while, people will start buying again, realizing that prices are as cheap or even cheaper than before the rally last year. I do think people who experienced this crash will be more cautious next time, so I believe the growth will be more slow (which I think is good), but then people will probably remember how much it rose last year and go crazy again and the news will hype up the money-making opportunities and then it will all kind of repeat itself, but possibly with even higher peaks. This is just the feeling I'm left with after watching a few minor and major crashes.