Historically, April is considered to be one of the best months for the benchmark crypto: during the past 11 years, Bitcoin gained in April eight times and declined only three times respectively.
The FxPro Analyst Team emphasised that the local picture on the chart shows the advantage of bears, who managed to keep BTCUSD above the 200-day moving average.
It should be mentioned that April is also a strong month for stock markets.
Amongst the news, a legendary writer and investor Robert Kiyosaki warned of a “sky-high” US national debt and predicted collapse of the dollar.