I do not think that it will reach 500, I am expecting for it to go down before that... however, it is indeed possible due to the halving expectations.
well there might be some small fluctuations in my opinion that will make the price go a little bit down for the next few days though it will be just a temporary drop that will have no bigger influence
i think that in the next few months we will see an upward trend that will allow us to make some decent money and it will happen because of a block reward halving that will soon happen