BTCUSD is neutral between 28000 and 40000$ for weeks now. The price is around 32K but a fall below 28K would be a potential disaster for the bitcoin as panic could take place on the markets. But we are not there yet. The price could fall below 30k to take more room for a strong bullish reversal. This scenerio is the most probable for me. It is not the first time that the most popular crypto knows a similar situation but the question is how long does this situation will last before a mega bullish run?
Hope this helps !