For the short term, we can expect dips happening every now and then, and currently as we saw, Bitcoin's price was struggling to go above $31k even after trying so much, which shows that there isn't much buying pressure on the market which is why it was struggling to go up, so we can expect small dips from here.
I also consider this drop to be possible with the week's volatility that has been more of dropping than bull. And usually this season that halving is expected is not a very good time for long and most traders understand it, they would not through caution into the wind. This explains to me why the little drops have been occuring lately and the $30k range of support is gradually giving way and resting on $29k for the past week,