Hopefully we'd establish a $1000 baseline by month's end.
Although the thing that bothers me is that the more the BTCBTCBTC's price rises, the more regulators will look into it. 2017 might be the year we see a full scale taxation of BTCBTCBTC.
whethere any of the governments tax bitcoin or not will not have much effect on bitcoin price.
because most of all, many other things are taxed such as Gold and you don't see gold price going down and bitcoin is 1000 times better than gold.
and also if the governments start taxing bitcoin it means they finally recognized bitcoin as a legit thing and that also means lots more adoption the day they announce it and lead to a huge price rise over night.