Bitcoin Closes April Strong — Is Summer Breakout Next. BTC wrapped up April with a 14.
05 May 2025, 17:49
Bitcoin Closes April Strong — Is Summer Breakout Next? ☀️
BTC wrapped up April with a 14.08% gain, beating historical averages and recovering early losses.
A 32% rally from $74.5K to nearly $98K signals resilience despite macro uncertainty.
🔹 Reclaiming $95K is key — the lower bound of BTC’s previous 3-month range
🔹 Price is holding above the short-term holder cost basis of $93,340
🔹 On-chain signals remain bullish — miners are holding, sell pressure is low
If macro conditions ease, a fresh push toward all-time highs could be on the table.
📖 Read the full Bitfinex Alpha 👉 <https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-strong-april-close-sets-up-bitcoin-for-summer/>