Next move for Bitcoin

What can we expect from Bitcoin after this afternoon's hefty dump. Despite the dip, buyers were emphatic again. See the huge wick at the bottom of the candle. This indicates that there is a lot of buying power which is causing the price to shoot back up. Can the lower trendline provide enough support and will Bitcoin hold up and we'll be back to touching the previous ATH within a very short time? If we fall through, we will see a really bigger correction and there is a good chance that we will look for the 4h demand zone where the 200EMA is currently located.