Taking a vivid look at Bitcoin from all Time frames it is clear to see that the chart are showing bearish move on all time frame. Lets start from the monthly time frame, we can see that price has rejected the 1.618 FIB Extension and market should head back down. Now, taking a look at the daily time frame price seems to be holding back and much has to do with the present upward trend line, which price just broke below and this signify that the bears are still in control of this market.