Bitcoin has entered its historically most bullish month of April, according to seasonal analysis and serial correlation. The cryptocurrency has typically been stronger in April than any other month, with an average of 44.83% upside in the month over the years.

This even includes bear market data, such as the 17% decline in 2022. A 44% move in BTCUSD would take the cryptocurrency above $40,000 for the first time since April 2022. However, past performance is not a guarantee of future results.