The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.
iam agree, is every in end year bitcoin price can up in high
but i think is op write is over optimis and confidence
if bitcoin in 2016 can up until reach 1200 dollar,
i think in end year 2016 bitcoin price is only 800 dollar
$1200 price of bitcoin in the year end of 2016 would be impossible for me because look at the current price of bitcoin , we are on the last quarter of 2016 and yet the price of bitcoin is still $630+ and sometimes it decreases on some days thats why i could really say it wont reach that price point anytime soon.