Why I want April to end as a red month for bitcoin, but not a bloodbath

As I see it, we are currently having a normal healthy correction during the bull market. I don't understand why some are quickly jumping to conclusion the bull market is over. Talking about impatience and why best gains in the bull market are lost...

After a correction of this size, it usually takes at least three weeks for bitcoin to claim another ATH. Just check the bitcoin chart and the recent corrections. Not from the previous bull run, from this one. Although they are both telling the same story.

Of course, if a mass hysteria starts and everyone starts to sell, the bull run will end before being fully riped. Although I don't believe this will happen.

You may be wondering why bitcoin seems to have issues pushing higher as it breaks new ATH lately.

This is why, in my opinion.

Above is the monthly chart for bitcoin. In TA, anything above 5 consecutive green/red candles is indication soon there will be a candle (or a series) of the 'the other color'. The longer the streak and the higher the period (monthly instead of daily candles in our case), the higher the importance of this signal.

This streak could go to 7 or 8 candles (although bitcoin never had a streak higher than 6 monthly candles), but this will shortened the bull run in my opinion. And it won't have the same strength to move higher at the end.

April would be the 7th month in a row, if it's green. So, a first for bitcoin. I don't want it to happen. I want it to stay exactly as it is, slightly red and pushing upwards. But red.

Conditions are ok-ish for things to go 'my way', but I see pressure is building for the market to push higher right now if there is not enough selling pressure.

I hope the market as a whole will be able to hold the horses for another 10 days! Then unleash them! :) By that I mean going much higher, so to be clear.

You know of course these are only my opinions and I don't give you any financial advice.

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