Bitcoin price as of today is $1677/btc. there is only 300 more to go until BTC hits the $2000 dollar mark. A 1300 correction could but the way prices are looking right now, I think bitcoin is more likely to hit $2000 before making any major corrections.
The bull ride will continue as long as there is a negative news in the market and it is hard to know that until and unless you see that in the market.Lets see whether the coin could break $1700 and then we can talk about the rest of the valuation .One thing is that 2017 is the best time for crypto currency because each and every coin had a very good rally.