As long as price stays above 29k, BTC should be able to retest 30-31k easily. A break above 31k can push price all the way up towards the latest high. But as long as price remains below 32k, BTC is still consolidating. On the other hand, a break below 29k can push price all the way down towards 27k. From there we need more data in order to see if price is preparing for a reversal or a continuation.