Bitcoin had its brightest month of the last year with a return of 11% in April. This performance was the strongest monthly increase since April 2025. While the second consecutive rise was achieved after five months of decline, Bitcoin is still approximately 38% behind its historical peak of $ 125,100 in October.
Geopolitical developments and ETF inflows
In recent weeks, possible ceasefire steps and peace talks between the USA and Iran have been playing a decisive role in the prices in the cryptocurrency markets. Especially with the risk appetite on Friday, inflows of up to $630 million were recorded into US spot Bitcoin ETFs. Over the weekend, US President Donald Trump publicly stated that the latest Iranian offer was unacceptable. While the Bitcoin price followed a horizontal course after these statements, investors’ eyes were turned to the $ 78,600 level for the weekly closing.
Analysis shows that Bitcoin is trading just below $79,000, with $80,000 still remaining as a significant resistance. In the evaluation made by Brave New Coin, it was emphasized that although ETF investments dragged the movement, a stable entry period rather than a few strong days was required for a permanent rise.
Critical step in CLARITY Act
Another topic that dominates the market agenda is the long-awaited regulation called CLARITY Act in the US Congress. While the law prohibits stablecoin companies from giving interest similar to bank deposits, it excludes reward programs based on users’ activities on the platforms. This detail was an issue that the US-based cryptocurrency exchange Coinbase persistently emphasized in its legal defense. The company’s CEO, Brian Armstrong, also gave a clear message of support in his social media post after the change in the text of the law.
While CEO Brian Armstrong showed clear support after the text of the law, the company’s chief legal officer Paul Grewal explained; The new regulation ensures the legal protection of user activity-based reward earnings on cryptocurrency platforms.
After the new proposal agreed upon by Senators Thom Tillis and Angela Alsobrooks, the bill is expected to be completed before the end of May. Additionally, market expectations regarding regulation have turned increasingly positive in recent months.
Technical outlook and short-term expectations
For market professionals, the critical level to be monitored in the new week has become clear. A weekly close above $78,670 could technically open the door to targets above $80,000. Otherwise, if the news flow on the US-Iran line is disrupted and the enactment of the CLARITY Act is delayed, Bitcoin is expected to fluctuate between its 200-day moving average of around $68,000 and the resistance of $80,000. While historically May is known for an increase of around 8%, the main determinant of this year stands out as the geopolitical agenda.
CryptoAppsy According to data, Bitcoin was traded at approximately $ 79,000 at the end of April, and the above-mentioned technical levels are of great importance for investors.
