Two weeks ago btc was around 640$, yesterday I checked and it was 705$ and today it's 720$.. It jumped up for 80$ in period of just a couple of weeks. What are your thoughts? Will it continue to rise like this, at what point will it stop going up and whats the cause of the sudden price jump
It's a mix between a comeback to the correct price (close to what we had in June this year) and speculation.
Speculators have seen that BTC is on a rising trend so they are buying. Also some have seen that the elections getting close the USD is going weaker so they moved to BTC.
This trend can change imho at any time.