Bitcoin Records Strongest Monthly Performance in a Year

Bitcoin recorded its best monthly performance in a year, prompting renewed discussion about what May could bring—a month that has historically delivered average returns of around 8%.

“Long way to go back to ATHs, but good to see some green,” said Nic Puckrin in a post on X, referring to Bitcoin’s April performance, which saw a monthly gain of 11.87%. This marked the strongest monthly result for Bitcoin since April 2025, when it rose 14.08%. However, it still fell slightly short of its historical April average of 12.98%, according to CoinGlass.

“April is done. May is here. After 5 consecutive red monthly candles, Bitcoin has now closed 2 in the green, causing some relief in the market,” said Daan Crypto Trades.

Market sentiment and historical patterns

Traders often look to past performance as a guide, with many believing Bitcoin’s historical trends tend to repeat. Currently, Bitcoin is trading around $78,190, roughly 38% below its October all-time high of $125,100, based on data from CoinMarketCap. Analyst Jelle commented, “We hit the ground running again next week.”

Despite recent gains, sentiment remains cautious. The Crypto Fear & Greed Index registered a “Fear” reading of 39, reflecting uncertainty among market participants.

Analysts divided on near-term outlook

Market views on Bitcoin’s next move remain mixed. CryptoQuant suggested that the recent rally—largely driven by futures market activity—could precede a potential multi-month pullback.

At the same time, some analysts remain optimistic. Michael van de Poppe of MN Trading Capital indicated that Bitcoin may not require a new narrative to revisit the $100,000 level, which it has not reached in nearly five months. “There doesn't need to be a narrative that pushes the price upwards,” he said in an X post, after asking, “What narrative will bring Bitcoin to $100K?”

Bitcoin last traded above $100,000 on Nov. 13, shortly after a major crypto market liquidation event in October.

Sources:

https://cointelegraph.com/news/bitcoin-posts-its-strongest-monthly-gain-in-12-months-in-april

https://x.com/CryptoMichNL/status/2050115439611596886

https://x.com/CryptoJelleNL/status/2050501283975442687

https://x.com/DaanCrypto/status/2050100384341926337

https://x.com/nicrypto/status/2050138508887740740

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/currencies/bitcoin/

https://www.coinglass.com/today