Bitcoin (BTC) prices continue to fall. This is enough to explain the current situation in the cryptocurrency market. But fortunately, it’s a place where things rarely remain the same for a long time, and the next month in April has a great chance to prove this point.
So, as it has become known thanks to Cryptorank’s data, the average return for Bitcoin in the fourth month of the year is 34.7%, which is actually the second-best month in cryptocurrency price history in terms of profit.
The average return rate was 40.5%, with only November being superior. Additionally, the even more accurate and timed median Indian will earn Bitcoin profits for next month at a 5.32% figure.
Meanwhile, BTC and April prices, or “Upril” and “Aperil,” as some crypto enthusiasts call this month, are good pairs from a historical perspective.
On the other hand, that’s always the opposite, so Bitcoin only closed April with one profit since 2021, and in 2023 it was a 3.05% spike.
Yes, it can be argued that 2022, 2023, and even 2024 are bare markets, and then years after. Still, the historical facts are there, and they took a cold shower in hopes of a 34% jump in Bitcoin next month.
Overall, price history is just one of the tools used to try to predict what will happen next in the crypto market. That insight is not set in stone. However, in the case of Bitcoin, the assets themselves have been public for over 14 years, and they provide a little more, so the statistical cut is large enough.
