We need understand where we are... For example i am an early adopter. I take back my investment in mining and buying. Everything else if profit. I don't care if will be 500 or 5000...
Since i saw the $5 / BTC going more that $1000 with very little adoption and media coverage i can say that in my personal opinion inside 2017 will not be surprise for me to see BTC more that $ 3000.... day by day more and more are buying. For example if you live in Europe and you have some money to invest why not buy BTC and after crash of the EUR can sell for more in every currency you want?
Travel to China sell and get currency of China.... Travel to USA and sell for $.... think of that... we are in the start of economical war around the planet..
So this time we saw a drop from China concerns that only amounted to 9% and
BTC bounced off a bottom of $950 to recover quickly around $1,010 currently. Hopefully this is a new support level as the currency continues in the rest of the world. The affordable Japanese Satori coin starts selling to most of the world in March from the maker. The U.S. is still exempt from shipment however. Never the less I believe this will generate a lot more interest in
BTC and the mintage in the millions will be loading from the blockchain thus one more country becoming a base load on supply.