Rises Even Amidst War! Bitcoin's Strongest Trend in 18 Months

▲ Bitcoin (BTC), War, Geopolitical Crisis/ChatGPT Generated Image ©

Though overshadowed by war and macro variables, Bitcoin is continuing its quiet rebound, creating its strongest monthly trend in 18 months.

According to investment media FXStreet on April 27 (local time), Bitcoin has maintained its upward momentum in recent weeks, recording its strongest monthly performance in approximately 18 months. However, this rebound has not received sufficient market attention, overshadowed by the Iran war issue, oil prices, and global stock market volatility.

This rise is significant as it indicates the formation of a 'virtuous cycle' where the price's own momentum attracts funds. The upward trend, which had been interrupted since the summer of 2025, has revived, leading to an assessment that the market has entered a phase where investment capital inflow and price increases reinforce each other.

However, the trend among individual investors is somewhat mixed. According to IG client data, investors are maintaining a 'sell on rallies' strategy, selling Bitcoin and Ethereum throughout April, even though net long positions still prevail. Considering the relatively sluggish performance compared to other assets in recent months, this is interpreted as profit-taking sales.

The turning point for market direction depends on technical levels. If Bitcoin surpasses its March-April 2025 low again and forms a weekly closing price above it, selling pressure could turn into buying pressure, potentially signaling a full-fledged upward trend reversal.

The future market is expected to be largely influenced by macro variables. This week, a 'super week' is scheduled with major central bank meetings and over one-third of S&P500 market capitalization companies announcing their earnings. In addition, the conflict between the US and Iran and the resumption of negotiations are intertwined, expected to act as key variables determining the direction of the overall global asset market, including cryptocurrencies.

Ultimately, while Bitcoin's rebound is alive, its sustainability depends on Middle Eastern geopolitical risks and the global financial environment, according to analysis.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*