But the bad thing of Bitcoin is that nobody will know when it is going to stop rising or start.
I think the bitcoin will keep on rising in the long term. The price next year will be higher than $500.
Mostly I see people with way too high predictions for this year, but this time it's the opposite. We'll definitely get to demolish the $500 barrier this year and if nothing bad happens we might even be able to hold the price above that level.
May be $500 will be achieved by the end of this month, as price is again stuck below $450 now but I think it will start moving up from next week.