In case the bulls can close the weekly bar above 34.6k, there would be a decent chance to see 40k again over the next two weeks. I'm looking at the current minor drop as a cool-off period for BTC , only to resume the move after that. In a period of 5 days BTC saw a ~19% increase in value without any correction in between. A correction towards ~33k would be healthy for the trend.
In case of a correction, I'm looking at the yellow minor to buy in again for a mid-term trade. On the other hand, bulls can burst towards 36k in the next few days in case a lot of short positions get liquidated. The Funding rate is still negative, which indicates that traders are more short than long. A strong uptrend could lead to liquidations and SL's being hit by short positons, only to increase the price further.