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 “Fear” 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 purple month-to-month candles.
“After 5 consecutive red monthly candles, Bitcoin has now closed 2 in the green, causing some relief in the market,” crypto dealer Daan Crypto Trades wrote on X.
$BTC April is finished. Could is right here.
After 5 consecutive purple month-to-month candles, Bitcoin has now closed 2 within the inexperienced, inflicting some aid out there.
What do you assume? Is Could going to be purple or inexperienced? 👇 pic.twitter.com/aihxkDEqQc
— Daan Crypto Trades (@DaanCrypto) Could 1, 2026
Nonetheless, the April consequence 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 at the moment buying and selling round $78,400 — nonetheless about 35% beneath its all-time excessive of $125,100, reached final October.
Analysts Break up On What Occurs Subsequent
With Could 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 might have been constructed on shaky floor.
Supply: Coinglass
In accordance with the agency, the transfer was pushed largely by futures merchants slightly than deeper structural demand, elevating the potential for a multi-month value decline forward.
On the opposite aspect of the controversy, 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 carry #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 shall be shifting the needle for…
— Michaël van de Poppe (@CryptoMichNL) Could 1, 2026
“There doesn’t need to be a narrative that pushes the price upwards,” he wrote on X Friday. Bitcoin final traded above $100,000 on November 13 — a few 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 ground running again next week.”
Historical past Factors To A Stable Could — However It’s No Assure
Primarily based on CoinGlass knowledge, Bitcoin has traditionally returned a mean of seven.78% in Could, making it one of many extra favorable months on the calendar.
Some market members are leaning on that monitor report to remain optimistic. Experiences point out that many merchants consider 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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