Quote from: njcarlos on January 02, 2017, 05:23:45 PM

Continued push to around 1100-1200, then retracing to 850-900 over the course of a month or so.

This is a conservative and reasonable prediction, but take into account that in bitcoin land conservativeness doesn't always apply. For all we know, this may be the new floor and we will never see 3 figures again, so I wouldn't gamble with it and i would just keep buying any further dips. Unless something huge happens, I don't see any major corrections in the future.

Some say that China banning bitcoin could take a big hit on the price, but im not sure about that, it may actually do the exact opposite.