Had a read of this:
http://www.finance-guy.net/finblog/bitcoin-storm-brewingBitcoin looks similar to how it was back in late 2013

Similar price and volatility... that was right before the big jump over $1,100
are we ready for the next big jump? How high do you think we'll go on this one?
Probably more than what we expected. It still have potential for increasing because their market still vibrant. Just need more time before this can happen.
If we look back before 2013, we can't expected if bitcoin can increase into $ 1000. And for now we are now in same line but in different time