With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
After $1.000, i predict the price of bitcoin will going down slow but sure, maybe down to $700-800 and will up again on Chinese New Year. Maybe it will stable around $700-800. In the next 2-5 days, you will see it.
I actually disagree with this view. When, and if, bitcoin hits $1,000, and if there is actually a drop, then it would probably happen relatively fast as the holiday season ends. The current value has been bubbling up, and there's a reason a pop is called a pop. It will go down quick and hopefully stabilize at or slightly above the previous stable mark which I do agree with.