There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.
Yes, last year the market was red but the current downtrend of the Bitcoin market has nothing to do with the month and if the huge number of Bitcoin bought by MicroStrategy and Terra didn't show an impact on the market. I think it is a sign that BTC has entered a bear market and we ought to have experienced the bearish trend since the last month of the year 2021 although the bear may not last long the way it was some years ago.
In the meantime, let's wait and see the market's next trend since we're dealing with a high volatile market.