Gate News message: On April 1, according to independent analyst Markus Thielen’s daily chart, historical data shows that April is usually a relatively bullish month for Bitcoin. Over the past 10 years, the average monthly gain has been about 11.3%, but this pattern has become increasingly unstable since 2020. When momentum is higher at the beginning of the month, it often leads to increased volatility during the month, with no clear direction.
Currently, BTC RSI (the Relative Strength Index, a technical indicator that measures price momentum) has fallen to 47%, placing it in a neutral range. The starting conditions are relatively mild.
However, rising geopolitical uncertainty and growing inflation concerns continue to disrupt market sentiment and prompt investors to reassess the policy path of major central banks. Compared with the range-bound action in March, April’s volatility may increase somewhat. Analysts note that April will be a key observation window: focus on whether prior downward pressure can gradually ease and whether the market can establish clearer directional signals.
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