Is Bitcoin price optimism fading after the crypto market’s rocky April?

2022.05.03 21:22

Is Bitcoin price optimism fading after the crypto market’s rocky April?

Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash.

February and March showed signs of recovery, especially after the steep declines in December and January. But, the question is, why has the bullish momentum suddenly come to a halt?

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