In April, Bitcoin ($BTC) showed positive momentum, ending the month with a return of 11.8%.


Although expectations for May remain optimistic, analysts from the CryptoQuant research company warn of a possible correction in Bitcoin.
According to CryptoQuant, the recent growth of Bitcoin was caused by an increase in demand for futures contracts.
However, this growth driven by futures signals a potential correction of $BTC, which could last for several months.
CryptoQuant stated that Bitcoin's growth in April was driven by demand in futures, but was also caused by a decline in spot demand, warning of a potential decline in the medium term.
BTC2.1%
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