So it looks like we took the low road. Mainly because of margins that got called in August on several trading sites (BITFINEX) which blew out the previous bottom. Bitstamp and other exchanges had to follow or risk losing on arbitration.
This is only a bubble prediction. Bitcoin still isn't mature enough to prevent over inflation of its worth. After this next upcoming bubble when the price bottoms out to around 1k, I believe the regular investor will be secure enough to survive a decently long term bullish trend.