Bitcoin price set for best gains since Q4 2024 with $77.5K monthly close

MarketsPublishedApr 24, 2026

Bitcoin price action has one more week to go until it potentially achieves its biggest month's gains since late 2024.

Bitcoin (BTC) will cement its biggest monthly gains since late 2024 if it closes at current levels.

Key points:

Bitcoin is on track to see its best monthly performance since late 2024, narrowly beating April 2025.
Institutional interest has returned this month, with key implications for supply dynamics.
Multiple resistance hurdles remain, keeping traders cool on the outlook.

BTC price sees copycat "green" April in 2026

Data from TradingView and CoinGlass confirms that at 14.3%, BTC/USD is on track for its best performance in nearly 18 months.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

In what has been a remarkable turnaround through April — despite geopolitical and macroeconomic uncertainty — Bitcoin is now attempting to break above its multi-month trading range.

Now just below $80,000, BTC/USD is around $20,000 above its macro lows seen at the start of February.

CoinGlass shows that if the monthly close matches current levels, the pair will seal its most bullish month since November 2024. Currently, this year’s April gains are marginally above those of 2025, when Bitcoin finished 14.1% higher.

BTC/USD monthly returns (screenshot). Source: CoinGlass

The rebound comes not only as US stocks hit new all-time highs, but as institutional investor capital returns to the crypto space.

The US spot Bitcoin exchange-traded funds (ETFs) absorbed nearly 19,000 BTC over the past five days alone.

Commenting, Andre Dragosch, European research head at crypto asset manager Bitwise, underscored the impact of such a trend on Bitcoin market dynamics.

“That's 9 x times the new supply in that period,” he noted in a post on X.

“Institutional demand for #bitcoin is clearly accelerating.”

New BTC supply versus US spot Bitcoin ETF netflows. Source: Andre Dragosch/X

Trader: Bitcoin bulls need to "push through" above $80,000

As Cointelegraph continues to report, Bitcoin bulls still face a ladder of resistance levels around the $80,000 mark.

Traders see a lengthy battle to regain control, while the Bitcoin bear market, by historical standards, should still be far from over.

“$BTC Has been in an up trend during April. But it is coming up to some important high timeframe levels. Especially above the $80K area is where the bulls would need to push through to turn this around on the high timeframe,” trader Daan Crypto Trades summarized on Thursday.

“On the downside, the immediate supports are that ~$72K region and $65K below that.”

BTC/USDT perpetual swap one-day chart. Source: Daan Crypto Trades/X

This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.