The chances of a BTC rebound are limited because of the selling pressure from the GBTC and other Bitcoin whales. This selling pressure from Grayscale might increase in the coming days. Bitcoin Whales dumped their Bitcoin holding, and the inflow to the exchanges suggested the same in the past two weeks. This price action suggests that the dip is coming, and we might go below $35k. Too much uncertainty at the moment, so it is better to wait for some time before making a move.