Historical data covering the last 12 years revealed that Bitcoin (BTC) completed the month of April with mostly rising and this month was one of the best performing periods of the year.
Matrixport, the crypto company of billionaire entrepreneur Jihan Wu, has seen a remarkable rise since the beginning of January and increased by 23% last month. Bitcoin, since 2012 in April mostly on the rise performance showing stressed. Looking at the historical data, an upward stability that makes investors happy between April and Bitcoin draws attention.
Despite all the negative news in the market, Bitcoin, which made a green start to the first week of April, 7 of 11 years ended April with a rise and on average in April 17.4% rise demonstrated performance.
On the other hand, in April, Bitcoin’s best performing month in the first half of the year was recorded as. Bitcoin, which does not pass up on its rise in April even when it is in the cyclical bear season, has been around in April, even after the decline it experienced during the Covid pandemic period in 2020. A strong 36% recovery had exhibited.
Bitcoin has only been in this 10-year period. 2022 showed a significant decrease in April 16.24% declined. Decreases in the remaining three negative years 4%It wasn’t more than .
Commenting on the subject Matrixportstrategy manager of Markus Thielendetailed that he expects a bull run in the crypto money market, especially Bitcoin, with this historical data:
The recent bullish rally in US stocks should have positive spillover effects for crypto as well. Our big thesis that inflation will decrease for 2023 is coming true. I think all risk assets, including Bitcoin, may enter a bull cycle in this process.
According to CoinGecko data in the last 7 days 1.1% BTC, which is on the rise, at the time of writing the news at $28,366 is being traded.