Some reasons I believe bitcoin is likely to rise next time
Bitcoin is dropping sharply from $ 20,000 down to about $ 6,000 by the end of 2017, but that's a lot more than $ 2500 a year ago.
Laws gradually intervene in the market, may form the law for crypto, institutional investors can peace of mind to invest in the market
Mt Gox is allowed by law to compensate bitcoin victims for a percentage, without the need for cash compensation, which could end the sale of large amounts of bitcoin.
How do you believe bitcoin will increase from now until the end of the year?
there's no assurance yet and also, bitcoin is naturally volatile so sudden dumps should always be expected. We cannot be so confident at times like this knowing that we are only in the middle of this year which means there are many things to happen whether it would be in favor to the investors or not. For now continue holding in order to be safe on any uncertainty in the market.
This month is good for bitcoin so far. The price increased from $6000 to $6700 in last three days. If the growth continues the same way, the price will definitely be more than $15000 till the end of this year. $8000 is near and still six months more to go in this year which is enough for next $7000 rise. If there are corrections then it will not rise to that level but still will be good.