Bitcoin appears poised for a rare three-month winning streak after posting consecutive green months in March and April. Data from Coinglass shows BTC gained 1.81% in March and 11.87% in April, putting it on track to match a pattern only seen once before - in 2019. May has historically been positive about 60% of the time, with an average return of roughly 8%, though traders warn context is critical.
“Context matters alongside data,” analyst StrongHedge noted, pointing out that 2019’s rally followed a market bottom. Trader_XO agreed. The comparison is key: 2019 remains the only year where Bitcoin closed higher in March, April and May in sequence.
This year, momentum briefly pushed Bitcoin back above $80,000 for the first time since late January, following a geopolitical announcement by Donald Trump. But the rally quickly unwound after conflicting reports emerged about a possible attack on a US warship near the Strait of Hormuz. BTC slipped back to the high-$78,000 zone.
At press time, Bitcoin was trading at $78,755. Whether the seasonal pattern holds will depend on how macro and geopolitical risks evolve in the days ahead.