bears will buy back after they see nothing happens on the 31st
What bears? Although price has slid -20% in 3 weeks with no sign to the better, the bear camp is almost empty. Imagine the hooray from bull camp if the price had gone up this much in this time..
This way you know the relative numbers of each.You're delusional. The bear camp is way bigger than the bull camp right now. Mainly because of China and the Jan 31st deadline.
I also have the impression that the bear camp is bigger right now. If this is true, we will probably see a rise in the price in february when all bears want to buy back in.