I am pretty much satisfied with the current BTC price ,but something makes me feel it will cross 700 by this november .
so it's up 50$ in a day , 370~ according to
http://preev.com/I might say you are right. Chinese are bypassing their capital controls and this is a reason for this rise. It seems that they will continue doing so. $23 trillions they have in their economy. Imagine if only one tiny part of this money gets poured into Bitcoin economy.
I think that sky is the limit and not just $700 in November as you have said.