BIT: Bitcoin Closes Higher for Two Consecutive Months, Showing Signs of Market Momentum Repair

Odaily reports that in its chart analysis published today, BIT noted that after hitting an all-time high in October 2025, Bitcoin weakened for five consecutive months before ending its downtrend with a positive return in March. April is on track to potentially record its strongest monthly gain since April 2025, marking the second consecutive month of positive closes.

BIT believes that two consecutive months of positive closes signal a certain degree of repair, indicating an improvement in market sentiment and price momentum compared to the previous period. If combined with the historically stronger seasonal performance from May to July, Bitcoin's trajectory could gain further support.