Flip a coin.
Either we are going much higher now, or we will meander for some months first and perhaps even make another cup & handle dip to $700 first.
The $1300 ATH will be breached by 2018 at the absolute latest.
I am leaning towards we are entering a frenzy period. As you say, China appears to be driving this.
I think the price will double top up to $1300 - $1500 within the next weeks and then decline to $600 - $700 over the next 2-3 months with another run up for the latter half of 2017

You're in the wrong place if you're seeking financial stability..
I don't subscribe to any specific prediction, but volatility does appear to be increasing.
If you want to ride this wild horse, don't get thrown off.