BTC looking bearish for February

With the key level of 38k-40k broken down, I am now seeing more probability of further downside movement than a break towards up.
I'd say a 66% chance of visiting 31k before going back to 48k-52k levels. An extreme possibility would be 20k downwards. I would be happy to buy there.
BTCUSDSupply and DemandTrend AnalysisTrend LinesWeekly Charts

Disclaimer