Hello fellow crypto enthusiasts
without further ado,let's try and figure out what bitcoin is about to do.

If we go in the monthly chart we can see
that bitcoin is still bearish, there's no sign of any bullish activity on Bitcoin, but we are on a monthly chart, and this is just the beginning of the month.

We can see that the last month has been really positive for Bitcoin if we check the length of the candle, the amount of trades that have been placed which is one of the most traded month in the last two years, is being sold a lot, I mean the prices being brought to $2700 and is being bought back nearly all, so it's been extending between $8000 to $4000 is being traded for $4000 value and that's a lot, so we can only expect now April to have a green candle at least to begin with, but this red line tells us everything, is this one going to be complied with or will be going break through and then maybe go even higher than the previous high which was at nearly $14000.

We have no way of knowing that but this is simply a reaction of this huge rally that has been made towards the end of March for Bitcoin.

Now let's go to the weekly timeframe, in fact we can see Bitcoin has been going up but we cannot deny the fact that has been rejected a lot and these (first) two candles show that there is no bullish sentiment, towards Bitcoin now this week things look a little different, look nice because Bitcoin went up and it's not being rejected a lot so maybe we shook all the Bears here and Bitcoin is ready to make a rally or maybe it's just a normal correction of a bear market.

Now let's go to the daily chart, we can definitely see just the price going sideways but somebody could call an ascending triangle and if so we should expect the price to go about $9000, maybe it's a normal correction again of this bear market,because it did not close above the highest high of this bear engulfed in candle, and it's just been pushed down into the area of
resistance that I draw.

That's all for today, thank you, greetings to all.