I'm thinking that we will see that price again for the next months to come. And we will see $1,300 as flooring price and stable before and after this year ends. Remember when 2016 is ending most of us expected that the price will even reached to $1k+ and it happened. Each year bitcoin is increasing and showing us surprises.
Even i feel the same the price of $1300 will become stable and standard price by the end of this as just like how $1000 has become a standard bitcoin price now but during the month of December and January it will be either make or break situation because last year we predicted the price to go high by leap and bounces but it ended up dropping down only to make a huge leap of faith in mid of 2016.
It's just a normal thing that makes the bitcoin's price and economy balance. After an unexpected pump to make it balance people will tend to sell the coins that they are holding so that it can make the price to dump again. But today, it's totally different we are not anymore on that price range but we are landing on higher floor price which is favorable to all of us.