Will April be a red month?

[Mpamaegbu]

If we go by that chart, it's very easy to conclude that April will end in positive and higher than what we had in March which ended in a bullish move. The Doji witnessed in February that couldn't turn the momentum to bear the next month (March) is an indication that the upward pull is still strong and hasn't tired out yet. March is convincing enough for a continued bull rally in April. I expect a green candle in April at its close.

[CapGelatik]

April is a correction month for Bitcoin and of course altcoins will also follow it,
but don't worry a reasonable correction for Bitcoin can continue its journey to $ 50k again,
I believe May to July will be green months for Bitcoin crypto currency and of course altcoins.

[Silberman]

April is a correction month for Bitcoin and of course altcoins will also follow it,
but don't worry a reasonable correction for Bitcoin can continue its journey to $ 50k again,
I believe May to July will be green months for Bitcoin crypto currency and of course altcoins.

It is better that people reduce the expectations they had out of the price of bitcoin during this month, I remember seeing that there were some people already predicting that we could reach a price of 40k, and the current correction is telling us loud and clear that bitcoin is not ready to reach those levels, so those that were thinking like this need to adjust those predictions or they may end up losing some money if they are not careful.

[DeathAngel]

It hasn’t been a good month so far for bitcoin but it’s nothing to worry about. We still have time to turn tge monthly green but even if it is a red candle it has no significance. We are in a tight range with no decision made either way as to if we will break up or down.

Proceed with caution, no leverage trading, DCA only.

[virasog]

It is hard to detect how the price will close this month but I am very optimistic towards the candle ending with green in the month of April 30 and  May 1. Reason being that there were always a strong buying pressure whenever its around the bitcoin halving, although there may be an occurrence that would like effects or affect the market either positively or negatively. When i look at the bitcoin history around a year getting to halving it doesn't always ends the same with other years, although i am not good with candlestick predictions.

I do not understand the logic that bitcoin BTC price will have buying pressure on 30 April and 1 May near the bitcoin halving. There is still a lot of months before the bitcoin halving will take place and i do not think the coming 30 April will be any significant to have all the halving hype.

Now coming to the Bitcoin price in the month of April, we have already seen that Bitcoin price is dumping for the last few days. I am not bearish on it but the correction was due on bitcoinBTC as it was on a continuous uptrend. As long as bitcoin makes a higher low, i will be bullish on bitcoin (the exact price to be above 25200$ for HL)

[sheenshane]

Why do I always rely on this website when seeking a prediction?  
It seems it is near to accurate results and based on their forecast, this month seems a Bitcoin correction price until the month of May.

Edit: I found archives of that website's predictions from 2017-2019 which were completely wrong  

Then notably by end of 2017 these mildly bullish forecasts changed to ultra-bullish, predicting $45K by end of 2018. The predictions in 2021 weren't much better either

*Was totally right about this statement, the forecast from February this year was for sub $10K

Ohh I see, so they eventually change their forecast per month maybe.
I have been following this site for how many years when predicting the market but only for a reference not seriously believing in them.

This was what I also noticed, every time I open it and seek the answer to my prediction it changed.
Anyway, thanks for the clarifications.

[_BlackStar]

April is a correction month for Bitcoin and of course altcoins will also follow it,
but don't worry a reasonable correction for Bitcoin can continue its journey to $ 50k again,
I believe May to July will be green months for Bitcoin crypto currency and of course altcoins.

Things can change so quickly that even bitcoin's high volatility can turn trends green within a day. April is stated to be the month that made the price correct, but I'm not sure we can get a green candle on the monthly TF. $31k has been high resistance in the range for the rest of April, so I think that 1 red candle will last at least until the end of this April.

I think bitcoin price has started to rally through $28k in the last 8 hours, which is a nice boost to hopes of a bullish May to July. However, still consider short-term risks if you want to profit for that time period. But if you are focused on the long term, then hold your bitcoin for at least 15 - 18 months after the 2024 halving.

[JoyMarsha]

Bitcoin continues to be a volatile asset. When you anticipate that the price would remain between $26k and $27 till the end of the month, it suddenly increases in price within hours.

Bitcoin candlelight is ticking right now and is currently trading above $28k+. Within the few days left till the end of April, it has the best chance of getting back the $30k price(It seems very possible) before the end of the month.

[MainIbem]

It is hard to detect how the price will close this month but I am very optimistic towards the candle ending with green in the month of April 30 and  May 1. Reason being that there were always a strong buying pressure whenever its around the bitcoin halving, although there may be an occurrence that would like effects or affect the market either positively or negatively. When i look at the bitcoin history around a year getting to halving it doesn't always ends the same with other years, although i am not good with candlestick predictions.

I do not understand the logic that bitcoin BTC price will have buying pressure on 30 April and 1 May near the bitcoin halving. There is still a lot of months before the bitcoin halving will take place and i do not think the coming 30 April will be any significant to have all the halving hype.

Now coming to the Bitcoin price in the month of April, we have already seen that Bitcoin price is dumping for the last few days. I am not bearish on it but the correction was due on bitcoinBTC as it was on a continuous uptrend. As long as bitcoin makes a higher low, i will be bullish on bitcoin (the exact price to be above 25200$ for HL)

Well if you may get me correctly, I answered based on op question. He asked if month of April will end with red that was why I responded to him that way, now look closely do you think this month will be badly for bitcoin??
Having it in mind that few months is bitcoin halving and people tends to buy and hold due to that occurrence which might like sets a new ATH and you expect the market to end with red in the month of April?
So my prediction was from 25th April to 1 May (7 days interval) it will be all Green possibly we might just see a little resistance from May 2 to May 10th thereabouts. So tell me what's wrong with my predictions sir?

[Kemarit]

Bitcoin continues to be a volatile asset. When you anticipate that the price would remain between $26k and $27 till the end of the month, it suddenly increases in price within hours.

Bitcoin candlelight is ticking right now and is currently trading above $28k+. Within the few days left till the end of April, it has the best chance of getting back the $30k price(It seems very possible) before the end of the month.

And just when we thought that we are going to be trading sideways till the end of the month at around $27,500, the price suddenly burst off the gate again, pushing as high as $28,500 or the price where we are when we had a run to $30,000-$31,000.

I haven't check the news yet, but I have suspected that some good news might be off in the last 24 hours to have this kind of spike in less than 24 hours. Yeah, there is a slim chance that if this sort of mini bull run will continue at the end of the month then maybe we can see the a green candle after all, and then the pattern continues.

[bbc.reporter]

My vote is not sure, however, April might be a green month despite bitcoin having witnessed a dump from April 19 to April 21. The dump did not cause a big correction because much of the pump since November was caused by spot market buying. Everyone should consider that this is different from a pump caused by trading on leverage in the derivatives market which causes more volatility if dumped because of liquidity cascades.

[mamesso]

There are still a few days to go before the April close, having hit $30k a few days ago. Bitcoin underwent a slight correction which sent the price down to $27k, today Bitcoin has seen a recovery after experiencing a 3.8% increase to $28k. Regardless of the correction, the Bitcoin market could rally beyond the expected price in the next few months, this rally as a result of the upcoming halving. Market conditions that have improved compared to a few days ago may be that Bitcoin will close April with a green light.

Bitcoin performance in the past year cannot serve as a guide for the future due to the frequently changing dynamics of the crypto market. Investors should always be careful when choosing the time to enter, they need to estimate while waiting for the accumulation phase before the price moves up again.

[Poker Player]

There are still a few days to go before the April close, having hit $30k a few days ago. Bitcoin underwent a slight correction which sent the price down to $27k, today Bitcoin has seen a recovery after experiencing a 3.8% increase to $28k.

The fact is that with only a few days to go until the end of April, the price has been practically flat. With some ups and downs, not very volatile for what Bitcoin is, and quite boring. We will have to wait for more movement in the coming months, which will hopefully move upwards. The bad thing is that I fear that, if nothing special happens, May is likely to be a month similar to this one. The good thing is that halving is getting closer and closer, although it is still a year away.

[Fundamentals Of]

With only 4 days left in the month of April, and after the rise to $30,000 and above which was followed by a correction, the price right now is still pretty much breakeven. This is becoming interesting. April opened with the price of Bitcoin at around $28,400. Today, the price is around $28,300. There is not much difference after almost 30 days. Will the green win in the end? Or will the red prevail?

In the last several hours, there was a sudden price increase of about $1,000. If this is a sign of something more, the month would be in green. But if it was just that, a normal and quick price increase, then I think April would end just like how it began. There'd be no big deal red or green.

[btc78]

the market is still red in terms of 7 days percentage but if we will look in daily base? starting today I can see that there are lights of greens



this same thing happened before the price spikes to above 30k .
but of course I am not holding now that it will continue increasing because I'm ready and willing to wait at least till next year or the following one that dates 2025.

[justdimin]

We all aware that the price of Bitcoin doesn't have a benchmark and anything can happen in any months, it's obvious that two things is involve in Bitcoin price monthly or weekly, either the price increase higher or it's Falls, it maybe that we have experience all greenish colours of Bitcoin this year and the little red colour we experience will drastically falling or after this month it may rise above twenty eight thousand (28k) or it continues to fall because of the market demand.

While it's true that Bitcoin can go any direction at any moment but it's likely that this month will end in red, this is a correction month and we have been seeing that since the start of the month. Bitcoin drop below $30k means the market doesn't have the demand to keep the price trading above $30k and we'll need some more news but at the moment we aren't getting anything positive.

The only reason the market pump before which was last month was because the market was oversold and was due for some pump. Bitcoin has been finding it difficult to retest $30k and I don't think we can do that before the month ends, we're just 5 days away and things aren't looking that positive.

When you look at the start of the month, and look at the end of it, I would say that there isn't really a big difference. There wasn't much change in the end if it ends up like this, of course it depends if it will drop more or not as well because if it doesn't drop more then it should be fine. Too many people think that it will not be able to recover from here but I think that it will recover from here as well and end on a good note as well.

However, if the price ends just like this then that means we are going to be fine and there won't be any issues at all. Hopefully that gets better and we will end up with a good result, should be tough to crack but it could happen and I believe there are too many people willing to buy because they think like me.

[bitterguy28]

It does actually , even that we are seeing small greens these days?
yet that is not enough to call this as bull or a growing month because we are seeing red market all our time now.
I'm afraid that even in the coming month of May will still a bad market and maybe in the next couple of months.

[BenCodie]

Historically, every April has resulted in a negative month for Bitcoin. I thought that maybe this year it would be different, though as the first two weeks progressed I saw that it would probably be the same. It won't be surprising if it closes around the same price that the month started at or slightly lower to continue the trend, and then proceeds to increase in May to June/July. In my opinion it is only a matter of time before the halving run begins, I do hope deep down that the buying opportunity before the halving event prolongs for some more time though.

[reagansimms]

BTC price already increased to around $31k and drop again to around $27k lately. So, I assume there will be a sideways phase in the next few days. I think the price won't go above $30k until the end of this month, it may just go around $27k - $29k. However, it is not impossible to retest to $32k if there is big news about BTC or crypto, but it should be positive news/issues. Since I don't hear any significant issues/rumors on Bitcoin/crypto, I guess we only see the price to move slowly.

Bitcoin is seen moving up around 4.9% today which is pushing up again at around $28,748, this condition is the best moment for crypto asset investors. The market's positive sentiment was due to the collapse of the banking system, in recent months, traditional banks have been struggling with liquidity problems and bankruptcy.
The level of customer trust is decreasing in the banking system, this condition of course provides significant benefits for crypto assets such as Bitcoin because many investors are putting their trust again in the blockchain system and Cryptocurrency.

[Reid]

It's difficult to predict. $29k was reached again hours ago and it had been fluctuating wildly afterwards. I really want to see it end strong this month of April so that it can show the investors that it is in full swing to a bull market again. Some prediction I saw was ending at $27k which is a red mark for the month because we started at $28.4k.
But I do love that it's sitting at that price range which means a lot, it's possible this can become our new bottom if it can resist going down to 25-26k. IMO, it's a strong month if it doesn't go low at the said price.