I think bitcoin will survive, to the highest price for this year, but it has to be traversed by the ups and downs of the price to make the user panic, all of it is the spice for bitcoin to be strong, just as if anyone cooks without salt vegetable is not delicious
personally, id like to believe all the panic and price fluctuations are over and done with for the year, with bitcoin stabilizing around the 3800 - 4000 usd mark, but im starting to accept that this next year will just be filled with price fluctuations like like ones we've had the past few weeks. were it just a year ago, id think the price would stabilize around this point, but it's becoming more and more apparent that the world is taking a greater interest in bitcoin, and in turn, the governments of the world will start to formulate and enact policies that directly affect bitcoin, just as china has done these past few weeks. soon, i think, we'll see the us government put its collective opinion out there, which i think will cause the price to tank, seeing as how congress is pretty much run by lobbyists.