I don't expect bitcoin to drop to $30K although it still seems quite possible. If this panic continues then I'm sure people will try to get out and secure their assets to fiat for a while. But I expect $30K to be solid support during this late January.
Hopefully that will happen, but we can't really tell if $30K would be the strong ground,
If panics continue, we can't prevent more fears coming from those holders who are now unsure what to do with their assets,
they surely looking for the best answer before making a big move.
The chance of letting go will add more pressure and will bring more dump the moment that this barrier collapse..