I think the price of bitcoin will trade in the current range for some time. Then we will have news about SegWit.
Same thing happened when the bitcoin trade between $400 to $550 for 5 months and then rose a lot.
With the halving just over it is time for a period without much volatility. Maybe even 3 months without much action is good.
Currently it's a holiday so there is not much to be expected anyway.
And I don't think that price will go below $500 in coming months as price is stable now and the best thing is its not going down, its going higher slowly and steadily.