I think it will come between $6K and $7K. All these new ICO's will be closing and they will start converting back to fiat for development funding and purchasing. I look forward to the day when ICO's can just stay in BTC and start buying office space and paying employees in crypto... that will spell the end of the large pull backs.
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If I were to give a price level, it would be near $4700 as it is the 1st fibonacci level between the past major high and low. Regarding ICO's, many of them are just accepting Ether as payment, not BTC.