From my armchair I'll simply say : "It's gonna be volatile!"

I've stayed out of bitcoin because the market drivers are non-transparent. There are a lot of speculative investors in the market that are waiting for more gains before they close out their positions. Whenever these investors close out you have the potential of increasing the amount of liquid bitcoins in the market. Presuming demand is growing at a continuous clip this would drive the price down to a lower level.

Wash, rinse, repeat.