i think this was the shakeout week... imo it will be up from here into next month. News can hit any moment now. Some will be very mad they sold today IMO. I don't see this go any lower. The risk is just too high.
Just an educated guess on my part but that's around when I expect an uptrend to start. I just don't know if they will try to short it to $1 by then. There was no buy interest so they just attacked the price by shorting. They were stopped a bit today in low 1.30's, don't know if it will hold tomorrow.