It is more than likely to hit that mark by end of the next hour.

I just checked and it is at $1499 on most if not all exchanges right now.
People who have sold early are kicking themselves really hard in the foot right now.

I am also a little shocked at such a price. Very quickly it grows. And this should be used. Now is a good time to sell. And the price that seemed fantastic was now a reality
It seems the news about Japan adoption keeps pushing Bitcoin price, and I think it will keep on pushing. I read there are major company in Japan that wants to venture in Bitcoin and will definitely bring in Billion of dollars of new funds. Aside from that, Japan also removed the consumption tax to Bitcoin so people will not be charged whenever they are using Bitcoin / buying or selling them making adoption in that country faster. This news will more likely hype the speculative market and will definitely reach $1500 before the end of May, and it seems it almost touch it @ $1499 bitcoin price today.