Bitcoin Price is in 6th Monthly Red Candle

We are at the end of this month and Bitcoin price is in 6th monthly red candle. We have seen same 6 monthly red candles series in 2018. April is coming. I shared an analysis and said I was waiting market crash on stock and crypto markets in April. It is coming soon. WW3 will be greater than March. It will effect these markets.

Here you can see monthly chart of Bitcoin price. If my thesis works, we will see 7th monthly red candle on Bitcoin price chart. Or market maker should close this month with green candle. It is so possible to see red candle in next month.

Here you can see the indicators on monthly chart of Hive price. There is great downtrend line on RSI Indicator. Hive price will be under resistance by this downtrend line on RSI Indicator. MACD Indicator reversed down from the top. It need a few months to complete correction. Fisher Indicator is going down. It also needs a few months to complete correction. So, we are getting closer to reversing up. Even we are close to reverse up, we may see a few monthly red candles.

These red candles may reach Bitcoin price to price target.

You can also look at 2022 price chart. All this indicator may move as 2022. We may be at the middle of bearish season.

We will see..