Most definitely current super-growth will also peak out at some yet unknown value (triple digits, in my opinion), then gradually fallback to a lower level (above 32, but lower than 100), recuperate for a year or two, then a third huge wave would start, with a bottom of this year's high, whatever it will be.
Certainly below $32. There is no basis for a genuine price rise to $32. Bitcoin is not used much, except for speculation.
As nobody can possibly predict what the current peak may be, the best possible speculation strategy still is "buy some when you can, buy lots when the price goes down".
You mean, sell all now, buy back not before half a year has passed and the price has stabilized. Whether it will stabilize at a single or double digit figure, nobody knows yet.
How much money do you think Wordpress or Namecheap takes in through their new bitcoin acceptance? Do you think the figures are in any reasonable relation to the current mountain of speculation money? Of course they aren't. Bitcoin is still not used much for any real economy purpose.
The price will continue to rise as long as enough new "speculators" stream into the market and part with their money. As soon as they are all in, the price will drop like a stone, too fast for practically all of them to sell at a gain. Mt.Gox will drop dead for the most part, as usual in extreme market movements.