Bitcoin broke through the support line earlier this morning and have seen a little pull back towards the line. Look for the price to continue to rise in the SHORT TERM and then see another drop.
This downward move could even go as far to test the lowest support line on the chart, however I believe this to be unlikely as we should see a similar second impulse like the current one we just saw. This is a time to wait on the sidelines for the next big move downward and get ready to enter the market again.