{"id":273892,"date":"2024-03-29T15:51:06","date_gmt":"2024-03-29T10:21:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-price-likely-to-rally-12-in-april-top-analyst-predicts-crypto-news\/"},"modified":"2024-03-29T15:51:09","modified_gmt":"2024-03-29T10:21:09","slug":"bitcoin-price-likely-to-rally-12-in-april-top-analyst-predicts-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-price-likely-to-rally-12-in-april-top-analyst-predicts-crypto-news\/","title":{"rendered":"Bitcoin Price Likely To Rally 12% In April, Top Analyst Predicts &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The flagship cryptocurrency, Bitcoin price is poised for a potential surge in April, according to insights shared by a prominent crypto market analyst. Notably, the analyst has cited historical patterns to predict the potential surge in BTC price.<\/p>\n<p>Meanwhile, with historical data indicating a strong correlation between April and positive Bitcoin returns, investors are eyeing the coming month with anticipation amid a backdrop of market volatility and optimism.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<h2>Top Analyst Anticipates Bitcoin Rally In April<\/h2>\n<p>10X Research CEO Markus Thielen has recently shared an analysis on the X platform, suggesting a potential rally in Bitcoin price. Notably, the analysis sheds light on Bitcoin\u2019s historical performance in April, suggesting a potential 12% rally for the cryptocurrency.<\/p>\n<p>Drawing from past trends, Thielen highlights April\u2019s tendency to yield positive returns for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/bitcoin\/\">Bitcoin<\/a>, with six out of the last ten years recording notable upticks in price. Despite recent volatility in the crypto market, characterized by fluctuations in Bitcoin\u2019s price, analysts remain optimistic about the cryptocurrency\u2019s trajectory.<\/p>\n<figure style=\"width: 755px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GJ0rrotbQAAAto1?format=jpg&#038;name=small\" alt=\"Bitcoin April Performance\" width=\"755\" height=\"344\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: 10X Research, X<\/figcaption><\/figure>\n<p>Meanwhile, several analysts have attributed the ongoing volatility in Bitcoin price as part of the pre-halving phase. According to analysts like <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-halving-analyst-unveils-key-phases-potential-btc-price-momentum\/\">Rekt Capital<\/a>, the pre-halving retracement phenomenon, observed in historical data, underscores the inherent volatility surrounding Bitcoin, often preceding significant price movements.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Moreover, the anticipation surrounding the upcoming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/bitcoin-halving\/\">Bitcoin Halving<\/a> event adds to the market\u2019s bullish sentiment. However, while historical data indicates a tendency for Bitcoin to rally post-halving, analysts caution against relying solely on past performance to predict future outcomes, emphasizing the unpredictable nature of the crypto market.<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/trending\/vechain-price-top-reasons-why-vechain-is-trending\/\">VeChain Price- Top Reasons Why VeChain Is Trending<\/a><\/strong><\/p>\n<h2>Market Confidence Boosted By ETF Inflows<\/h2>\n<p>Amid speculation over Bitcoin\u2019s April rally, market confidence receives a boost from robust inflows into the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-etf-inflows-jump-back-above-400-million-fidelity-leads\/\">U.S. Spot Bitcoin ETF<\/a>. The growing interest in Bitcoin investment vehicles reflects a broader acceptance of cryptocurrencies among institutional investors, further solidifying Bitcoin\u2019s position as a mainstream asset class.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Concurrently, the decline in outflows from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-etf-gbtc-outflows-at-monthly-low-btc-relief-rally-ahead\/\">Grayscale\u2019s GBTC<\/a> signals a shift in investor sentiment, with market participants expressing renewed confidence in Bitcoin\u2019s long-term potential. As Bitcoin price continues to capture the attention of both retail and institutional investors, the stage is set for a dynamic month ahead, with April potentially marking another chapter in Bitcoin\u2019s storied<\/p>\n<p>Meanwhile, as of writing, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/bitcoin\/\">Bitcoin price<\/a> plunged 1.24% to $69,959.56, with its trading volume from yesterday dropping 27.14% to $30.87 billion. Notably, the crypto has touched a high of $71,546.02 and a low of $69,725.77 in the last 24 hours.<\/p>\n<figure id=\"attachment_188612\" aria-describedby=\"caption-attachment-188612\" style=\"width: 751px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-188612\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin Price\" width=\"751\" height=\"523\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24.png 1007w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-300x209.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-768x535.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-150x105.png 150w\" data-lazy-sizes=\"(max-width: 751px) 100vw, 751px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-188612\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24.png\" alt=\"Bitcoin Price\" width=\"751\" height=\"523\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24.png 1007w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-300x209.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-768x535.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Bitcoin-Price-Chart-29-03-24-150x105.png 150w\" sizes=\"auto, (max-width: 751px) 100vw, 751px\"\/><\/noscript><figcaption id=\"caption-attachment-188612\" class=\"wp-caption-text\">Bitcoin Price<\/figcaption><\/figure>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/fetch-ai-fet-price-rally-to-continue-as-open-interest-points-upwards\/\">Fetch AI (FET) Price Rally to Continue As Open Interest Points Upwards<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/bitcoin-price-likely-rally-12-april-top-analyst-predicts\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/bitcoin-price-likely-rally-12-april-top-analyst-predicts\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; 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He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam&#8217;s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam&#8217;s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD188608\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/5-important-highlights-from-the-recent-fed-meeting\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" 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decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/01\/cropped-shutterstock_1958528764_10.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/01\/cropped-shutterstock_1958528764_10-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/01\/cropped-shutterstock_1958528764_10-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">5 Reasons behind Mega Bank\u2019s 2024 Ethereum Price Prediction <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The flagship cryptocurrency, Bitcoin price is poised for a potential surge in April, according to insights shared by a prominent crypto market analyst. Notably, the analyst has cited historical patterns to predict the potential surge in BTC price. Meanwhile, with historical data indicating a strong correlation between April and positive Bitcoin returns, investors are eyeing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":268561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-273892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/273892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=273892"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/273892\/revisions"}],"predecessor-version":[{"id":273893,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/273892\/revisions\/273893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/268561"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=273892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=273892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=273892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}