Bitcoin logs best monthly performance in 12 months during April
Summary
Bitcoin recorded an 11.87% return in April, its best monthly performance in twelve months. While the asset remains significantly below its October all-time high of $125,100, market participants are expressing relief after two consecutive months of gains following a prolonged bearish period. Analysts currently hold mixed views on future performance; some warn of potential multi-month declines due to futures-driven volatility, while others remain optimistic that Bitcoin can reclaim the $100,000 price level without needing specific new market narratives.
(Source:Cointelegraph)