Is Bitcoin’s Bullish Trend Set to Continue in April | Crypto News

Date:

Is Bitcoin’s Bullish Trend Set to Continue in April | Crypto Work Pro

Banner Ad

According to Crypto Rover, Bitcoin traditionally demonstrates a bullish trend during the month of April. This sample has been noticed in earlier years, the place Bitcoin usually experiences price will increase during this period. Traders could take into account this historic trend when making investment selections, particularly as key indicators level to one other bullish April in 2025.

Historical Trends Support Bitcoin’s Bullish Outlook

On March 27, 2025, Crypto Rover tweeted that “April is the month where Bitcoin turns bullish” (Crypto Rover, Twitter, March 27, 2025). Historical information helps this declare, as Bitcoin posted a 20% gain in April 2021, surging from $58,000 to $69,000 by month-end (CoinMarketCap, April 2021). Similarly, in April 2022, Bitcoin rose by 15%, shifting from $45,000 to $51,750 (CoinMarketCap, April 2022). This constant sample means that April might as soon as again ship important returns for Bitcoin holders.

Increased Trading Volume Signals Market Anticipation

As of March 28, 2025, Bitcoin’s trading quantity spiked to $50 billion, marking a 30% increase from the average every day quantity of $38 billion in the earlier week (CoinGecko, March 28, 2025). The surge in trading quantity means that buyers are positioning themselves for a potential price rally in April. Additionally, the Bitcoin to US Dollar (BTC/USD) pair noticed a 2% increase, shifting from $65,000 to $66,300, whereas the Bitcoin to Ethereum (BTC/ETH) pair gained 1.5%, rising from 15 ETH to 15.225 ETH over the identical period (Binance and Coinbase, March 28, 2025).

On-Chain Metrics Reinforce Bullish Sentiment

Key on-chain metrics additional strengthen the bullish outlook for Bitcoin. The Bitcoin Hash Ribbon, an indicator that tracks hash charge and miner exercise, signaled a bullish trend as of March 25, 2025, suggesting that miner capitulation has ended, giving approach to potential upward momentum (Glassnode, March 25, 2025). Moreover, the Bitcoin Network Value to Transactions (NVT) ratio has declined to 70 as of March 27, 2025, indicating that Bitcoin stays undervalued relative to its transaction quantity (CryptoQuant, March 27, 2025).

Technical Indicators Suggest a Golden Cross

Bitcoin’s technical indicators additionally level towards a bullish April. As of March 28, 2025, Bitcoin’s 50-day shifting average has crossed above its 200-day shifting average, forming a golden cross, a sturdy bullish signal (TradingView, March 28, 2025). The Relative Strength Index (RSI) sits at 60, suggesting that Bitcoin shouldn’t be but overbought and nonetheless has room for additional upward motion (Coinbase, March 28, 2025). Additionally, Bollinger Bands have widened, with the higher band at $68,000 and the decrease band at $63,000, signaling elevated volatility and potential for a breakout (Binance, March 28, 2025).

Market Sentiment Points to a Bullish April

Market sentiment indicators align with technical and on-chain metrics, reflecting growing optimism amongst buyers. The Fear and Greed Index, which tracks market sentiment, moved from a impartial studying of 50 to a bullish 65 as of March 28, 2025 (Alternative.me, March 28, 2025). This shift in sentiment is probably going to fuel additional shopping for stress, doubtlessly driving Bitcoin’s price greater. Moreover, the Bitcoin Dominance Index has risen to 45%, indicating that Bitcoin is regaining market share relative to different cryptocurrencies (TradingView, March 28, 2025).

Trading Implications: Is Now the Time to Go Long?

The increase in Bitcoin’s trading quantity and the optimistic sentiment shift counsel that merchants ought to take into account coming into long positions or rising their publicity to Bitcoin forward of the anticipated price surge in April. With BTC/USD and BTC/ETH pairs already displaying early bullish momentum, merchants are positioning themselves to capitalize on the potential rally.

Final Thoughts: A Promising Outlook for Bitcoin

All indicators level towards a bullish April for Bitcoin, supported by historic trends, elevated trading quantity, optimistic sentiment, and bullish technical indicators. The mixture of a golden cross, rising RSI, and widening Bollinger Bands suggests sturdy upward potential. With market anticipation building, Bitcoin seems poised for an additional bullish trend in April 2025. Investors and merchants ought to intently monitor key indicators and take into account taking long positions to benefit from the anticipated price appreciation.

Featured Image:  Freepik © starline

Please See Disclaimer


Stay up to date with the newest developments in Crypto! Our web site is your go-to source for cutting-edge crypto information,

Clickable Banner
CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Share post:

Popular

More like this
Related

PayPal and Coinbase Expand Partnership to Drive | Crypto News

PayPal and Coinbase Expand Partnership to Drive | Crypto...

Ethereum Price Level to Watch: Can ETH Break Out? | Crypto News

Ethereum Price Level to Watch: Can ETH Break Out?...

US Banks No Longer Have to Notify Crypto Activities: | Crypto News

US Banks No Longer Have to Notify Crypto Activities:...

Trump’s Crypto Strategy Expands With Gala for Coin | Crypto News

Trump’s Crypto Strategy Expands With Gala for Coin |...

CME Expands XRP Futures Trading for Crypto Investors | Crypto News

CME Expands XRP Futures Trading for Crypto Investors |...

Blockchain for Good Alliance Launches Global | Crypto News

Blockchain for Good Alliance Launches Global | Crypto Work...

Binance’s New Institutional Accounts Let Fund Managers | Crypto News

Binance’s New Institutional Accounts Let Fund Managers | Crypto...

Coinbase Launches Zero-Fee PYUSD Conversions with | Crypto News

Coinbase Launches Zero-Fee PYUSD Conversions with | Crypto Work...