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/>