up or down?
Maybe neither...
I think it will go up over $1000 within the next 2 weeks. We now know that Dubai will have 400 BTC ATM within 2 weeks. Also Australia will have 100 BTC ATM in the next few months.
Now it is going main stream. And a lot of rich people in Dubai will be buying a lot of BTC. So the demand will be high and the price is going to go up.