30k is a very strong floor, looks like we are heading for a bounce back into an uptrend from there. Minor resistance at 36k and major resistance at 40k, keep an eye out for these zones. Breaking both would be a very good sign.
Bitcoin bounces in between two strong support and resistance levels. If it falls below 30k, breaking the support it will surely dip lower. If it breaks the resistance at 40k, it will rise above. There is much buying and selling pressure on both sides making it a challenge for BTC to resume a trend. Keep an eye out for these major levels in the next week.
