It is very possible, I can't think of a reason why it shouldn't go over $1000 with high demand and great news after 2016.
The only thing I hope for is that merchants at some point will keep at least 50% of the Bitcoins that they generate via sales, instead of converting 100% of the amount into fiat currency.
It is only an expectation, and if we will hope for ever .... I think you know what will happen.I do not think they will hold,
if the price will be good they will dump a large sum of bitcoin.I know at some point merchants will dump the coins they earned via sales. I only meant to say that instead of directly having 100% converted to fiat, they keep a part of the coins for a while to sell it for a better price later. I'm sure tech related companies will have more interest in doing so than non techies.