Bitcoin sees largest monthly gain in a year… Will positive history repeat in May?

▲ Bitcoin (BTC)/ChatGPT generated image ©

Bitcoin (BTC), having emerged from a prolonged five-month consecutive decline, has marked its largest monthly gain in a year, signaling a resurgence. However, the market is still plagued by fear that is deeper than greed.

According to crypto media outlet Bitcoinist on May 3 (local time), Bitcoin achieved a 12% return in April, marking its best monthly performance since the 14% recorded in April 2025. Starting at around $66,000 at the beginning of April, the price is now trading around $78,400. This is a significant rebound that put an end to consecutive red monthly candles and brought a sense of relief to the market.

Despite this rebound, investors' caution has not easily dissipated. The Crypto Fear & Greed Index points to 39, remaining firmly in the Fear zone. Bitcoin's current price is still about 35% lower than its all-time high of $125,100 recorded last October.

Analysts' opinions are sharply divided on the future direction. Virtual asset analysis platform CryptoQuant warned that April's rally was triggered by futures traders rather than robust structural demand, suggesting that downward pressure could persist for several months.

Conversely, Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin does not need a grand catalyst to break through $100,000. Indeed, Bitcoin surpassed $100,000 on November 13, just one month after experiencing a $19 billion liquidation event in October last year.

According to market data platform CoinGlass, Bitcoin has historically shown a positive trend in May, recording an average return of 7.78% for the year. While some retail traders hope that such favorable historical patterns will repeat in May, experts unanimously advise remembering that past performance does not guarantee future returns in the virtual asset market.

*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.*