It could just be a bump in a road to a higher level like 6-7k but i think it depends a lot on whether or not this news about China banning all exchanges turns out to be legit or just plain BS.

Long term as talkbitcoin said, it's always going to be up.

However i don't think that we can go up much further because we are pretty deep in the bubble right now. If things don't get better soon we could potentially go back to $3k or thereabouts, it's just how volatile things are in a bubble economy.