The situation in January was very different than today. That bull run was always unsustainable and everyone experienced serious profits across the board. Now the vast majority of sellers have sold.

If you look at the value of the crypto market a year ago in comparison to today and consider awareness as the main driving factor then a valuation of 250mln accross the board seems pretty damn close to bottom. I would not rule BTC touching 8k again or maybe worse depending on how the MT. GOX Trustee dispatches of his bitcoin. But the most likely scenario moving forward would be for those bitcoin to be sold in large wholesale or batch orders which should prevent any serious longterm price loss.

That being the case you need to decide where you see 2018 going. Take an account of all the information available and decide are people becoming more aware of crypto even today.