Regardless that Bitcoin ended April with its highest month-to-month acquire in 12 months, concern nonetheless hangs over the crypto market. On Friday, the Crypto Concern & Greed Index hit a studying of 39, firmly in “concern” territory, indicating that many traders stay cautious regardless of a robust finish to the month.
Two inexperienced candles after a protracted drying interval
Bitcoin returned 12% in April, its greatest month-to-month efficiency since April 2025, when it rose 14%. This rally ended the five-game streak of month-to-month pink candlesticks.
“After 5 consecutive month-to-month candlesticks within the pink, Bitcoin has now ended within the inexperienced with two, offering some aid to the market,” crypto dealer Daan Crypto Trades wrote on X.
$BTC April is over. Could is right here.
After 5 consecutive month-to-month candlesticks within the pink, Bitcoin now has two closing within the inexperienced, offering some aid to the market.
What do you assume? Will or not it’s pink or inexperienced in Could? 👇 https://t.co/u8IhgV8ahI pic.twitter.com/aihxkDEqQc
— Daan Crypto Trades (@DaanCrypto) Could 1, 2026
Nonetheless, April’s outcomes have been barely beneath the coin’s historic common of 13% for the month, based on Coinglass information.
Bitcoin began in April at round $66,000 and is at the moment buying and selling round $78,400, nonetheless about 35% beneath its all-time excessive of $125,100 hit final October.
Analysts are divided on what’s going to occur subsequent
As Could dawns, market watchers are divided on the place Bitcoin goes from right here. Cryptocurrency evaluation agency CryptoQuant has issued a warning that April’s rally might have been constructed on unstable foundations.
Supply: Coinglass
The corporate mentioned the transfer was primarily pushed by futures merchants quite than deeper structural demand, rising the chance of value declines over the approaching months.
On the opposite aspect of the talk, MN Buying and selling Capital founder Michael Van de Poppe argued that Bitcoin does not want a headline-grabbing catalyst to interrupt above $100,000.
What sort of story will it convey? #bitcoin As much as $100,000?
We do not want a narrative that drives costs up.
Costs will rise and tales will routinely be created.
At this level, I do not assume we’ll ever see one other story that modifications the course of issues going ahead…
— Michael van de Poppe (@CryptoMichNL) Could 1, 2026
“We do not want a story that drives costs up,” he wrote on X Friday. The final time Bitcoin traded above $100,000 was on November thirteenth, a couple of month after the $19 billion crypto market liquidation occasion on October tenth.
Cryptocurrency analyst Gell took a short-term view, writing succinctly: “We’ll be again in full swing subsequent week.”
Historical past exhibits Could will likely be sturdy, nevertheless it’s no assure
Primarily based on CoinGlass information, Bitcoin has traditionally had a mean return of seven.78% in Could, making it one of the crucial favorable months on the calendar.
Some market individuals are optimistic, counting on that observe file. Based on the report, many merchants consider that Bitcoin’s historic patterns are likely to repeat themselves, however analysts have lengthy warned that the crypto market’s previous efficiency has no actual predictive weight.
Featured photos from MetaAI, charts from TradingView
