Difficult to say.
I believe the bottom is somewhere near this level. It could be lower at $5500 or little below. If something terrible doesn't happen again (Bans, Scam Alerts etc) The consolidation should start and prices can rally any time.
One good news is that Bittrex is going to let users buy coins directly with USD.
Another good news is that South Korea Seems to be more friendly with cryptos that we thought.
We need something more inspiring to fire up the market.