Bitcoin’s Bullrun of up to 50% in Bitcoin price (BTC) during April helped bulls to predict the massive uptrend in the following months:
Bitcoin price resumed the uptrend in April after posting the worst first quarter performance in the history. The largest coin was trading around the two months low at the beginning of the month and investors were losing their confidence in the cryptocurrency markets. Regulatory concerns, ads bans, and declining trading volume were dazzling trader’s confidence.
However, trader’s sentiments and cryptocurrency trading environment started changing dramatically in favor of bulls in mid-April. That change was supported by bullish price predictions, positive survey results and folding regulatory concerns.
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