Seasonal trends favor bulls even as bitcoin ends April in a defensive mood
Bitcoin ended April in a defensive posture, consolidating below recent highs despite historical seasonal trends favoring gains in May. Supportive factors include positive ETF inflows, bullish moving average crossovers, and strong equity markets, though rising bond yields and geopolitical tensions pose risks. While past performance suggests a potential upside bias, macroeconomic headwinds could limit near-term breakout potential.
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Crypto Daybook AmericasShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailSeasonal trends favor bulls even as bitcoin ends April in a defensive moodYour day-ahead look for April 30, 2026By Omkar Godbole|Edited by Sheldon Reback Apr 30, 2026, 11:15 a.m. 3 min readMake preferred on May tends to be a bullish month for bitcoin. (Midjourney/Modified by CoinDesk)What to know: Bitcoin is consolidating below recent highs, but historical seasonality, bullish ETF inflows and supportive equity markets point to a potential upside bias in May.Still, rising bond yields, especially the U.S.
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