May be I am late in this thread, but my prediction was same. Because i have written in different threads about bitcoin, that bitcoin's price will be cross above $1100 to 1200, and it has done, as you see. But now i also want to predict the time has started that bitcoin price come back, and it is will be down more may be $800 to $900 and still stop for a time and than again it go up. But it is only my own prediction. But i am also worried about those people who have bought the bitcoin in a high price like $1000.
Bitcoin will grow to such a mark, but not too fast. The price may still fall because of too much panic. Now the bitcoins are selling very fast and write everywhere that bitcoin is dead. Those who bought it for $ 1000 will have to wait until at least the end of the year until bitkoin will grow stronger.
Those who bought bitcoin for the long term may not worry. In spite of temporary fluctuations, the course should recover. But those who invest for a short time, probably will be disappointed. I think that the price of bitcoin will soon go down