It seems 20k has a strong support and it will never go below that, as there are lot of institutional investment I even think 20k is lot to fall.
$20,000 is way too sharp for a dip at this current market condition. $30,000 is the strong support, and Bitcoin might be consolidating for another bull market, or it could dive below $30,000.
Whichever way Bitcoin goes, the current price is good for accumulation. For those people who's looking for further dip to buy might start accumulating today. You might not see Bitcoin below $30,000 again.