I believe only a small fluctuations in the price would take place throughout the year and in the end the price would be in early 1200$
That's not what I see, the current price will double just like what 2016 has achieve. Our investment is just like earning a compounding interest that will grow substantially overtime. 2017 will be a good year for bitcoin as people are very attracted with the value which is currently at $1,000, this achievement means a lot to us as there will be a media support too, who are keeping an eye for this price to break what has previously achieve as the highest value so far.