Bitcoin looking weak but above support

Bitcoin has not been showing a lot of strength lately with the daily 365 SMA @ ~30500 one of the final levels of support before a move towards the yearly pivot @ ~20500 becomes the most probable scenario. Looking at a 2 standard deviation linear regression channel from the ATH gives us a glimpse of the current bearish channel. In order for a recovery to happen, the first step would need to be a move back above 37k