Here is why April may be the best month yet for Bitcoin price

[bitzizzix]

The good news for bitcoin keeps coming and 2021 is the best year for bitcoin and other cryptos and I think the good news for bitcoin will continue, April will be the start which I think will lead to a new ATH that looks like it will continue.
Apart from the OP news there is a lot of good news regarding the predicted increase in Bitcoin prices this April and will continue until the end of the year to reach the highest price.
even if there is a decline, it is unlikely that it will fall significantly and will slowly rise again.

[7788bitcoin]

April is the best month ever for Bitcoin and crypto industry. It's historically proved and this things happens all the time, usually with a significant price change and sell on the higher to make profit.

I have no idea about the strategy these heavy institutional investors are having and with an average price of over $59k is not the best investment option and no matter how big these firms are trying to invest the market will follow a path on its own and these firms might burn their confidence once the market goes down. I do understand that MicroStrategy is a big player and holding billions of dollars worth of coins but the risk they are taking is also huge if the average price of their recent investment is $59k.

[tranthidung]

@tranthidung is right if we based on the previous years which April is the best positive price for Bitcoin.

I don't mean so. It is one of the best, not the best.

Additionally, if I want to find best months, I would like to exclude extreme outliers in early years (2009 - 2013, perhaps) and take a look at means and standard deviations of the rest years till 2021. In early years, price was affected by many factors that now become very minor news for the market.

But what I also think what if Bitcoin is already in advance, what supposed to happen for the month of April was already happened last month (March), we saw a positive 30% and this April could be something a price correction, just my 2 cents.

% of price change for one month depends on open and close prices in that month. Your opinion can be true if serious corrections in March (end days of Marches) have long lasting effects till first day of Aprils. Your opinion will be wrong if corrections happen in middle of Marches and price already rally well, therefore in first days of Aprils, price is not at bottom.

As I said, it is a raw view for the market, but for personal balance sheet, it depends on your entry/ exit prices and when you open/ finish your position.

Here is the updated list of prices per month.

Thanks. In fact, that image I posted is taken from @Lucius. I discussed about it long time ago but don't remember where I did it.

[Untomabur]

interesting information, April or in Q2 is indeed the month for bitcoin, yes for me that is very true,
because according to history in the past few years Bitcoin has always increased, so this is the right time to buy cryptocurrency,
I am sure it can achieved maximum profit in this Q2.

[Shasha80]

The good news for bitcoin keeps coming and 2021 is the best year for bitcoin and other cryptos and I think the good news for bitcoin will continue, April will be the start which I think will lead to a new ATH that looks like it will continue.
Apart from the OP news there is a lot of good news regarding the predicted increase in Bitcoin prices this April and will continue until the end of the year to reach the highest price.
even if there is a decline, it is unlikely that it will fall significantly and will slowly rise again.

It is true that April has a lot of positive news coming, so I am optimistic that the Bitcoin price in April will reach the new ATH price. Moreover, if you
look at the data on the movement of Bitcoin every April, it usually does increase, from April 2011 to April 2020, only in the years 2014-2015
experienced a decline in prices in April. So the data should give an indication that this April Bitcoin should also rise in price. Therefore, it is better
if during April we HODL our Bitcoin. I agree that even if there is a correction it will not be too deep, If it turns out that this April the Bitcoin price
reaches the new ATH, I believe Bitcoin will be bullish until the end of the year and could reach a price of $ 100k by the end of the year.

[DoublerHunter]

The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/04/04/here-is-why-april-may-be-the-best-month-yet-for-bitcoin-price/

^ I don’t think the weakening of US dollars will affect BTC negatively. In fact, it does make Bitcoin get the advantage.
The middle of the month is mostly the moment where BTC will probably decrease as per the previous year's reports. However, by the end of the years are actually the best days. We will never know what is gonna happen and we never expected the BTC to reach $60k in this situation though. It was nearly impossible but it did. Despite the pandemic happening, it did grow. So what’s new?

[el kaka22]

There is talks about government printing either 2 trillion dollars or even as high as 10 trillion dollars for infrastructure and that will be given to private companies to make it work. Government could use it themselves as well if they wanted to but that would make it a lot harder, so they will instead pay companies to do it and that is going to cost more (a lot more) and at least it will be done a lot faster and a better job will be done.

This is why I think it is obvious that dollar will get less and less valuable, there has been a lot of money printed already because of corona virus and now there will be more because of the infrastructure changes, and god knows what else will happen which will weaken the dollar. Bitcoin is looking like a better and better deal to invest into and that is why I am feeling a lot more confident about my investment.

[STT]

Its a bit of bias info but I wouldnt rely on it exclusively to blindly trade, something to consider in the background to whatever is going on.    I had a bearish bias for 2020 but I should have changed my mind when they massively inflated the money supply because that threw petrol on the fire in terms of the rate of acceleration to BTC blockchain price action.


We remain rather bullish after some test of the sharp move up.   Its found the 2 day average as a low and weekly average is below that but still its reversed a larger amount which suggests we do need to test these prices further.

[eaLiTy]

^ I don’t think the weakening of US dollars will affect BTC negatively. In fact, it does make Bitcoin get the advantage.

If the fiat is weakening then the price of BTCitcoin will move up and i am not sure whether that is what happening here but the price already tried to breach $60k but did not sustain it and we might see another push in the coming weeks.

We will never know what is gonna happen and we never expected the BTC to reach $60k in this situation though. It was nearly impossible but it did. Despite the pandemic happening, it did grow. So what’s new?

There are multiple factors at stake here, many countries are locking down again and it will create another issue and the stress it is creating to the economy might pump money again in the cryptocurrency market and i always wonder whether the price would rally this much if it was a normal situation.

[Zemomtum]

Despite all these, institutions are getting involve and different merchants are integrating BTC as a mode of payment which further exposes the number one and most reliable cryptocurrency to millions of new users. Much is expected in this month of April and probably throughout this year.

[arufox]

April may be the best month yet for Bitcoin price, so do you think there is no more price higher than April, Of course not, right.
Bitcoin will keep increasing until the end of the year, or maybe will continue pass of this years, The point is April is just the beginning of the best price of Bitcoin

[pooya87]

If the fiat is weakening then the price of BTCitcoin will move up and i am not sure whether that is what happening here but the price already tried to breach $60k but did not sustain it and we might see another push in the coming weeks.

It is not because effects of inflation (fiat losing its value) on bitcoin is only visible in the long run not in the short term fluctuations in the market. Also it will only be part of the reason for the rise, for example when bitcoin goes up 100%, 5% of it could be because of fiat inflation. Depending on the fiat and how soon the big inflation hits us the percentage can change.

[Rana590]

Bitcoin don't flow article for rising rapidly. Sometimes it doesn't follow any rules. Holders are helping bitcoin to grow it's price most. We can predict only but it is really tough what will happen next with the price of crypto currency.

[elisabetheva]

Bitcoin don't flow article for rising rapidly. Sometimes it doesn't follow any rules. Holders are helping bitcoin to grow it's price most. We can predict only but it is really tough what will happen next with the price of crypto currency.

indeed it will be difficult to predict what will happen to cryptocurrency prices, for this I totally agree.
but based on experience that has happened we are at least able to analyze where the price is going.
considering that last year bitcoin rose due to the effect of @elonmusk and until the beginning of the year it was still left over. but the halving effect is not yet visible, indicating that there is still enough time for the increase in bitcoin prices to occur until the end of the year.

[blckhawk]

April may be the best month yet for Bitcoin price, so do you think there is no more price higher than April, Of course not, right.
Bitcoin will keep increasing until the end of the year, or maybe will continue pass of this years, The point is April is just the beginning of the best price of Bitcoin

Indeed. However, this is just is all speculation because no one totally knows what exactly gonna happen in the future. Bitcoin might be showing a positive performance this April but it could change in the next month. That is why for now they are considering April as the best month for Bitcoin considering this is the time where it breaks the resistance and reaches its new ATH. Besides, there a lot of positive is still coming and the fact that we just only the half of the month yet it set a new ATH, April does really may be the best month.

[BrewMaster]

So I think that if something serious happens to the dollar, then all markets without exception will be very hurt!

quite the opposite. that is the definition of inflation and the nature of all fiat currencies specially those that are being printed by a lot and fast.
when the fiat loses its value, everything else of valu from a cup of coffee to a house will go up against the tanking fiat. bitcoin is not an exception to this rule.

[ScamViruS]

Bitcoin don't flow article for rising rapidly. Sometimes it doesn't follow any rules. Holders are helping bitcoin to grow it's price most. We can predict only but it is really tough what will happen next with the price of crypto currency.

Predicting the bitcoin market is not an easy task, if it was so easy then everyone would get the signal in advance so that everyone could make a quick profit. The price of Bitcoin increases as demand increases. You may have noticed how much the demand for Bitcoin has increased recently and now big companies are investing in Bitcoin.

As a result, it is having an effect on the market price. It seems to me that in the coming days more and more big companies will invest in Bitcoin and there will be a possibility of increasing the market price.

[philipma1957]

The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/04/04/here-is-why-april-may-be-the-best-month-yet-for-bitcoin-price/

So far you made a good call.

April 2021 has the ATH and every day has been over 56,600

2021-04-01  58,825
2021-04-02  59,377
2021-04-03  58,585
2021-04-04  57,572
2021-04-05  58,289
2021-04-06  58,307
2021-04-07  56,684
2021-04-08  57,274
2021-04-09  58,229
2021-04-10  60,036
2021-04-11  59,796
2021-04-12  60,169
2021-04-13  ??
2021-04-14  ??
2021-04-15
2021-04-16
2021-04-17
2021-04-18
2021-04-19
2021-04-20

today's number is also over 60k

so indeed this is the best month ever.

Note :

I used the post below to build the chart above.
https://bitcointalk.org/index.php?topic=138109.msg56768977#msg56768977



I will tack on to the month since this is so far the best month in the history of BTC  and you called it.

[palle11]

You may have your point on that anyway because bitcoin looked more of bear at the beginning of the month but at this time selling above the mark of $60k. This is a reason for the April move, I'm expecting that this is how price may rally till the end of the month.

[tbterryboy]

The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/04/04/here-is-why-april-may-be-the-best-month-yet-for-bitcoin-price/

Weak dollars is always a good thing for all alternate assets and bitcoin is falling into such category hence we can expect continuation of bull run even in this April month as well. But, bitcoin is already attractive enough among institutional fund managers hence when adding weak dollar to the current scenario then why not we expect prices to double within this April month itself.

I'm not over expecting but I'm just speculating what are possible when multiple factors are influencing for the positive growth for bitcoin markets.