news 
Bitcoin (BTC) Bleeds, But Price History Says April Could Be Fire
The recent trend of Bitcoin’s price is not exactly what many investors had hoped for. After a significant decline in 2022 and then a modest increase, the king of cryptocurrencies has been experiencing a steady drop since January this year.
In fact, as of today, we’ve witnessed an alarming 3.05% spike in 2023. Yes, one can argue that 2022, 2023, and even 2024 were bear market and then rally years. Still, the historical facts are there, and they put a cold shower on the hopes of a 34% jump in Bitcoin next month.
While price history is just one tool used to try to predict what will happen next in the crypto market, and the insights from it are not set in stone, for Bitcoin, it offers a bit more. Given that the asset has been publicly traded for over 14 years, the statistical cut is big enough.
It’s true that we’re currently in uncharted territory, but there’s no denying the importance of historical data in the crypto market.
Source: https://u.today/bitcoin-btc-bleeds-but-price-history-says-april-could-be-fire
