Worry nonetheless hangs over the crypto market at the same time as Bitcoin closed April with its strongest month-to-month achieve in 12 months. The Crypto Worry & Greed Index registered a studying of 39 on Friday — firmly in “Worry” territory — an indication that many traders stay cautious regardless of the month’s upbeat end.
Two Inexperienced Candles After A Lengthy Dry Spell
Bitcoin returned 12% in April, its greatest month-to-month efficiency since April 2025, when it gained 14%. The achieve ended a streak of 5 straight crimson month-to-month candles.
“After 5 consecutive crimson month-to-month candles, Bitcoin has now closed 2 within the inexperienced, inflicting some reduction out there,” crypto dealer Daan Crypto Trades wrote on X.
$BTC April is finished. Might is right here.
After 5 consecutive crimson month-to-month candles, Bitcoin has now closed 2 within the inexperienced, inflicting some reduction out there.
What do you suppose? Is Might going to be crimson or inexperienced? 👇 https://t.co/u8IhgV8ahI pic.twitter.com/aihxkDEqQc
— Daan Crypto Trades (@DaanCrypto) Might 1, 2026
Nonetheless, the April end result got here in just under the coin’s historic common for the month, which sits at 13%, in accordance with CoinGlass knowledge.
Bitcoin began April close to $66,000 and is presently buying and selling round $78,400 — nonetheless about 35% beneath its all-time excessive of $125,100, reached final October.
Analysts Cut up On What Occurs Subsequent
With Might now open, market watchers are divided on the place Bitcoin goes from right here. Crypto analytics agency CryptoQuant issued a warning that the April rally could have been constructed on shaky floor.
Supply: Coinglass
In keeping with the agency, the transfer was pushed largely by futures merchants fairly than deeper structural demand, elevating the potential for a multi-month worth decline forward.
On the opposite aspect of the talk, MN Buying and selling Capital founder Michael van de Poppe argued that Bitcoin doesn’t want a headline-grabbing catalyst to push again previous $100,000.
What narrative will deliver #Bitcoin to $100K?
There doesn’t should be a story that pushes the value upwards.
Value strikes upwards, and the narrative will create itself.
At this level, it doesn’t really feel like there’s ever a story once more that might be shifting the needle for…
— Michaël van de Poppe (@CryptoMichNL) Might 1, 2026
“There doesn’t should be a story that pushes the value upwards,” he wrote on X Friday. Bitcoin final traded above $100,000 on November 13 — a couple of month after a $19 billion crypto market liquidation occasion on October 10.
Crypto analyst Jelle supplied a shorter-term take, writing merely: “We hit the bottom working once more subsequent week.”
Historical past Factors To A Strong Might — However It’s No Assure
Primarily based on CoinGlass knowledge, Bitcoin has traditionally returned a median of seven.78% in Might, making it one of many extra favorable months on the calendar.
Some market individuals are leaning on that observe document to remain optimistic. Experiences point out that many merchants imagine Bitcoin’s historic patterns are inclined to repeat, although analysts have lengthy cautioned that previous efficiency in crypto markets carries no actual predictive weight.
Featured picture from MetaAI, chart from TradingView
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