Yes the current situation of you analysis then the price has shoot up daily and it's being going upwards itself . Well yes if it start falling then it may easily fall 300 - 500 $ in coming times . Hope so we do not see such fall else it will be drastic fall for the Btc market .
Price is volatile always in the bitcoin but in recent days bitcoin achieving continuous pump in the preev chart. Today It touched the double value for this year because this year starting bitcoin value is somewhere around 1000$ but now bitcoin is 2050$ and more. We may see 2500$ soon.
I'm pretty positive about that as well. In the start of this year, it was perceived that we could reach the 2k barrier late this year but it actually got a lot early. I'm not really looking forward to it but I think reaching 2.5 or 3k would already be a possibility at this rate. If the price stays like this the whole year then there won't be any chance for us to buy btc anymore and it's just hold and wait for those of us who are holding bitcoins.