Bitcoin has been going sideways for around 3 weeks now and holding above 30k and below 40k wich is a good sign. The bad sign is the weekly candle, at the moment it is below 34.700 wich means a lower low. We still have 5 days before the week closes so there is still time and room for bitcoin to move back up again above 34.700.
If not it would not surprise me if we drop even lower towards 20k , only if we lose the last important level of 29-30k.