The negative effects of the Chinese governments ban on ICO's and the FUD created by rumors regarding ban on crypto currencies in China in general are wearing off and we are going back to the steady increase in value we have seen earlier this year, and while it might start of slow and might be a little unstable passing resistance levels, I believe that once the 5k (BTC/USD) is broken for the second or third time and we are starting to reach higher we will see a FOMO effect that could take us right up to 6k by the end of next month.
Recent negative attention in media regarding ICO's and regulations on them could mean a decrease in investments in ICO's with an increase in stable crypto currencies like BTC.
People need to invest in something and BTC is a safe bet.