For a while, I was really skeptical if we could $700 by the end of October. I guess I am wrong because judging from today's price movement, $700 could be reached anytime now.
It was basically the same back in June where the price nearly touched the $800 level. It was only $12 away from reaching that price. Nearly all people were expecting it to happen within 24 hours, but it didn't happen. The price went south real hard after that.
OP;
The current increase is a welcome happening, but it doesn't really gets me excited to be honest. I am more waiting for some heavy volatility where I as a trader can greatly benefit from as that is what I am waiting for. The coins I have in my cold wallets will remain there for a price far beyond the $700 level.
Theres nothing to be excite about on bitcoins price increase in a few dollars only, same as you said price movements would change anytime and would go on the opposite way that we didnt expect. For me it would be good for seeing bitcoins price to go up but im not too much on the hype because it would definitely goes down again just as expected.