
Bitcoin eyes rare May streak after rebound
Bitcoin is drawing attention as it enters May with two consecutive monthly gains, putting the market on track for a rare three-month winning streak.
Seasonality data shows May has historically been positive around 60% of the time, with average returns near 8%, though results have been uneven with both strong gains and sharp losses.
“Bitcoin seasonality, with context,”
Said Trader_XO, noting that only one year—2019—has seen March, April, and May all finish positive.
Bitcoin rebounded from earlier losses this year, rising 1.81% in March and 11.87% in April, with May currently tracking positive after a weak start to 2026.
The rally briefly pushed prices above $80,000 before reversing amid geopolitical tensions involving the US and Iran, underscoring macro risks, and the price was unchanged at $78,755.
Analysts noted that while seasonal trends provide useful context, broader market conditions and external shocks remain key drivers of price action.
The current setup leaves Bitcoin at a critical juncture, balancing historical bullish patterns against heightened global uncertainty and volatility.
At the time of reporting, Bitcoin price was $80,830.64.