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Bitcoin finished April higher, achieving a net growth of 11.87%.
Thus, the leading currency closed the second consecutive month with gains, marking its most successful month so far this year.
Bitcoin regained some of the significant losses it suffered in February, rising to $76,960.11 in early May.
The currency has gained 12.94% in the second quarter so far, leading to more optimistic expectations of a price reversal.
Bitcoin closed its strongest month of the year so far.
Bitcoin ended April with a net gain of nearly 12%, repeating the recovery pattern that began in 2025. |CoinGlass
The recent monthly gains came after a five-month streak of net losses.
Based on the fear and greed index at 26 points, traders remain uncertain about opening large buy positions.
However, April saw a positive shift, moving away from the "extreme fear" trading that dominated the previous month.
Historically, April has been mostly a positive month for Bitcoin, with only five years of monthly declines.
Bitcoin experienced a similar rebound in April 2025, paving the way for it to reach all-time highs later that year.
May tends to be a more bearish month over five years, with larger losses and shocks.