No. The market is much more cautious this time around. I expect more downward pressure, probably breaking $800, then consolidating.
There's too many shady exchanges in the Bitcoin world.
Next major support suggests sub $700.
Taking a look at the chart over the past month or so has shown that bitcoin just loves slamming into them supports, today's flash crash on Bitstamp to 817 being no different....currently trending back down towards that region and i don't think that 817 will be the low for today.