Will Bitcoin really reach the 1000$ mark again?

After months of speculations experts expect the Bitcoin price to edge higher than it already is. The many factor driving this will be:

1. Increased international use and acceptability
2. The current drop in Bitcoin mining is expected to drive the price higher

Many speculators expect a bull market in 2016 with increased attention from financial institutions ranging from banks to insurance companies. The focus has been on the BlockChain but this is likely to spill over to Bitcoin the only BlockChain currently working perfectly at scale.