BIT: Bitcoin closes higher for two consecutive months, showing signs of market momentum recovery

Odaily Planet Daily News BIT released today's chart analysis. After hitting an all-time high in October 2025, Bitcoin weakened for five consecutive months before ending the downtrend with positive returns in March. April is expected to record its strongest single-month gain since April 2025 and mark the second consecutive month of positive closing.

The analysis suggests that two consecutive months of gains signal some recovery, indicating an improvement in market sentiment and price momentum compared to the previous period. If combined with the seasonally strong performance from May to July, Bitcoin's trajectory could gain further support.