April, looks alot speculative

[Pandorak]

Bitcoin price has been very volatile, with that reality, we have to apply alot of restrictions to how quick we make speculations as regards the market price of Bitcoin, even though the month of March has been a lot more volatile. We shouldn't take the recent bitcoin price gains $68k+ to mean the end of the correction phase that bitcoin has faced in recent months, so what do you expect from the market in the month of April?

As we can see, Bitcoin is still in a downtrend, any rallies are merely temporary corrections before the price continues its decline. Previously, Bitcoin rose gradually to reach $75k, leading many to believe it would climb even higher, but in reality, the price is still struggling to break through the daily supply/resistance zone at $77k–$79k. Currently, Bitcoin is trading at $67k, honestly, i don’t expect a significant increase, especially given the amount of negative news that could affect the market right now.

[yhiaali3]

I expect April to be a very volatile month and generally bearish. We are currently in a bearish season, so I do not rule out further declines. In addition to the global economic and geopolitical tensions, this makes me think that April will be bearish.

The US-Israeli war against Iran is negatively affecting the global economy, especially the energy sector, which is witnessing a significant rise in prices that has negatively impacted all markets, including Bitcoin. With the increasing escalation and tension, I expect to see further declines.

[Smack That Ace]

I expect April to be a very volatile month and generally bearish. We are currently in a bearish season, so I do not rule out further declines. In addition to the global economic and geopolitical tensions, this makes me think that April will be bearish.

The US-Israeli war against Iran is negatively affecting the global economy, especially the energy sector, which is witnessing a significant rise in prices that has negatively impacted all markets, including Bitcoin. With the increasing escalation and tension, I expect to see further declines.

Same opinion, as long as the war continues to escalate, geopolitical tensions remain unresolved, and oil prices remain high. This not only harms the economy but also negatively impact the financial market in general.

Rising oil prices mean the USD is strengthening. That is why even gold, a safe haven asset, is falling instead of rising as we would theoretically believe. Therefore, expecting Bitcoin to increase  under these circumstances is unrealistic.

[tygeade]

To be honest, I expect more correcting incoming after the current threats coming from Iran. People would prefer cash in times like these as we have seen a hike in prices for a lot of day-to-day commodities like LPG gas. Prices are going to skyrocket for common goods and people need cash to stock up. In times like these, people would hardly trust any other asset rather than cash. Cash is much more reliable as no matter what happens, we can still get basic groceries and can survive the war. But with bitcoins, we can't really spend those and would need to consider those as an investment asset which means we need to have excess funds for it.

Majority of the community has a stable financial life so they can afford holding bitcoins through times like these, but a small portion of the community is not really ready to take a chance here. They would prefer keeping cash in their pockets and these people might start offloading their shares of bitcoin which makes me think April can't be good for the market.

[yhiaali3]

~snip~

Same opinion, as long as the war continues to escalate, geopolitical tensions remain unresolved, and oil prices remain high. This not only harms the economy but also negatively impact the financial market in general.

Rising oil prices mean the USD is strengthening. That is why even gold, a safe haven asset, is falling instead of rising as we would theoretically believe. Therefore, expecting Bitcoin to increase  under these circumstances is unrealistic.

Your statement is correct, although this point needs some clarification, because the dollar is supposed to fall when oil rises, but after the United States seized most of the world’s oil (especially Venezuela, which has the largest oil reserves in the world) and the United States became an exporter instead of an importer, the rise in oil means the rise in the dollar instead of the opposite.

[dezoel]

We know that April is a month that is very volatile, we had that in 2025 and we had that in 2021 as well, so April does happen to be volatile at times and it's a time where people can adjust to their new salary for the new year for the first time and invest accordingly.

So we can see a big drop this month, or a good increase, whatever happens it could be big. We just need to adjust and make sure that we are ready for it. To be ready, make sure you have your stop loss ready, that way even if it falls a lot you would be ready for it.

[STT]

Interesting break into a new week here as defined by trading in Asia opening on main markets.   A great move up in a brief amount of time and that correlates to the weekly average being left behind, so it could be positive if we can sustain at prices here or higher for the rest of the week.

The volume isnt massive but I call this move pretty big really.  Its partly as BTC sticks to just one single time frame, we'll close this weekly bar bullish but in theory also the new week began already in the far east which is important.
   69.4k is monthly average, its arbitrary but see how BTC can measure vs that; mostly I rate any trend above a weekly average as positive in definition.