That little dip felt a lot like the dip we had when it went from $900 to $500 before evening out around $800 for a few days.
From there it climbed quite a bit.
$1,600 by the end of the year is very possible.
It's likely to be more.
People talk to people they don't see most of the year during Christmas and new years eve. This effect is going to be priced in before the January 1st, leading to a bubble which will pop some time in January above $2000. Then we will be back hovering just above $1000 like today.