Both. We will see incredible increases and just as incredible drops.
I think we haven't even begun to see volatility yet.
This is the year when the old system will exert as much control as it can muster. This will be the final battle and I can totally picture a drop of $50,000 in one day. And of course I can also see Bitcoin going up to $100,000 or even $200,000 by the end of 2018.