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Bitcoin (BTC) Poised for Golden Bull Run in April With 34% Surge, Price History Predicts
April has historically been a kind month to Bitcoin holders. In fact, the data suggests that closing out the month in the green is not only possible but also more likely than not. While past performance does not guarantee future success, it’s hard to ignore the trend.
According to historical price charts, April has consistently seen Bitcoin close with positive returns. This phenomenon could be attributed to a variety of factors, including market sentiment, macroeconomic conditions, or even the influence of institutional investors. Whatever the reason may be, the data is clear: April has not been a terrible month for BTC holders.
To put this into perspective, let’s take a step back and examine the bigger picture. Since 2017, Bitcoin has closed April with positive returns in 11 out of 14 instances, which means that roughly 80% of the time, the asset ends the month higher than it started. This doesn’t mean that we should be entirely bullish or bearish based on historical data alone; however, it does suggest a possibility of an upward trajectory.
And what about this year? Well, if history is any indicator, the odds are stacked in favor of Bitcoin closing April in the green once again.
Source: https://u.today/bitcoin-btc-poised-for-golden-bull-run-in-april-with-34-surge-price-history-predicts
