Seeing the price at £525 currently is pretty good and I haven't seen this price for a while.
I believe that the bitcoin price will be nearly $700 at the end of this month if the current trends continues.
The current price I think is caused because of some crashes on other altcoins and maybe people are moving and holding the funds only in bitcoin.
Well the price is hanging between 600 to 650$ for quite a long time and i dont see any great movement that can lead the bitcoin price to cross 700$ in the month of October , also when only 14 days left in October.
Though just 14days was left in this month, possibilities of reaching $700 is there. At the same when we calculate the price increase in accordance to time the price is predicted to be around $650-$680. Lets hope for the best. Now if price doesn't reach $700, then we can expect only by this year end.
I think 14 days is long enough to get bitcoin to 700 USD, it was post on the other thread that it only take less than 15 days in 2013 for bitcoin to reach 1000+ USD. So it is very possible for bitcoin to reach 700 USD until the end of Octorber as long as there is no bad press about bitcoin to occur.
Yes you're right, maybe for a few days in October this price is still a long way to reach 700 USD in my opinion. Bitcoin fluctuations make it very difficult to rise quickly so that it requires the process, so it's possible to have October I think the price could not reach 700 USD.