Bitcoin price has almost reached $960. If there is increase in demand for bitcoins, surely, btc price would go much higher. Certainly, demand for bitcoins has increased much higher recently and main reason for it is demonitisation of high value currencies in india and it has made rich people to invest their money in bitcoins.I guess bitcoin price would cross $1200 by the end of jan 2017
Increased demand is coming from both investors seeking havens from capital market instability as well as big money seriously considering it under within the alternative investment assets class.