Bitcoin should hit $10,000 in the next rally. It was cut short by the Chinese central bank announcement. You can tell the last rally at ~1,200 didn't get to reach it's peak because the crash wasn't sharp enough, it was stepped. This means people didn't feel like it was outrageously overbought. Proportional to the previous rallies,  it should have hit $3,000 before crashing back down. The next one should easily cross $10,000.