I think that price will be hit early January the 500$, since all media talk about Bitcoin more people will get involved with Bitcoin.
Media continuously talk about Bitcoin and that is yet not the reason to rise to $500. A speculative rise is possible, but I would expect it in the beginning of the spring.
Now having said that, I think that we need some fundamental developments to happen in order to have a healthy rise. Otherwise, it will end up as quickly as the previous one, three weeks ago.