BTCUSD | Bearish setup

BTCUSD now is under a correction of bearish trend. Yup, the tendency of this BTCUSD is down more. While now BTCUSD consolidation between 40020-30934, the selling pressure still strong (look at red arrow in my chart). I see market has a tendency to break down 30934 in near term future. If that happen, the near target will be around 19747.