I think it will rise in price quite a bit by the end of this year, but it will never reach the $1000 it once was.
$1000 definitely won't happen this year. i don't even think next year. it will need to be a stable rise.
i think it will go to $400 at most. i'm already happy if we maintain $300 this year.
At some point when the new ETF and exchanges start opening up for business and as wealthy onlookers and hedge funds start coming on board, the amount of new money that comes in won't just come in in a small and steady fashion. There'll be massive green candles coming and the price jumps will be huge. And, that's just the diagnosis w/o the remittances, e-commerce, precious metals holders coming in. It's most likely gonna blow the doors off this thing and be an incomprehensible rise that will make history going forward. People are so down in the dumps right now that they either forget what happens during bull markets or are new and can't conceive of such a situation happening.
Wait how do you know if an ETF is actually going to happen? Did the twins actually pull through with SEC? this conversation started back in 2012 when buttferfly labs was still a leading market for most asic miners.
I dont see the ETF being passed anytime soon, as for their other new exchanges to open, thats something actually more tangible since they blew like a couple million into it already.