The uptrend combined with the current downtrend shows were coming to a pivotal point in which we could break either way. Personally I believe it will very probably continue to follow the short and long term uptrend.
Dont get caught in this bulltrap. Look how similar this is playing out to the last one. If you predicted it, great for you but dont be fooled that were heading to $11k now. This downtrend is going to continue back down to $6.5-7k.