These are just a few factors that come to mind. While short-term (1hr/4hr) price can be seen as bearish, it remains bullish on the Daily time-frame and still reversing the bearish trend on Weekly/Monthly time-frames.
Personally I think $28K level is likely to act as strong support, due to the 3 weeks of consolidation/accumulation that occurred recently. Otherwise below this level I think a re-test of the 200 WMA around $26K, as well as $25K becomes increasingly likely. The 200 Day MA however continues to rise from $20K, now above $21K, with major consolidation/accumulation zone currently priced at around $23K.
I can say just one thing which is a perceive further correction in the price of bitcoin, you may guess right to say that we could possibly touch 25k once again but also know that it could be that Bitcoin is building enough resistance at it current level to push further beyond 30k which is a. Possibility but not certain due to current liquidity ratio of Bitcoin. But for those that have being waiting for the price of. Bitcoin to touch a discount level then this is the best time for them to buy since in the next couple of week wa may never see this price again.