I guess we may see a test of $700 support, before returning to any rise. This was already quite a nice bubble we saw, and now we need to check the real market price, before the uptrend resumes.
If I am completely honest, then currently a price just over the $700 level is what I consider to be a fair reflection of the how the situation right now is. If Segwit finally gets activated, then it will add another $100-$150 to the price. But nowadays the price increases in advance of the happening. If I look at it from that point, then the current price isn't that bad either. Right now there is a 50% chance to go up, and 50% chance to go down. We'll see what happens in the coming days.