Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn

In brief April's Bitcoin rally was purely speculative—futures demand surged while real spot buying contracted, mirroring 2022's bear market onset. Bitcoin climbed 20% in April from $66,000 to $79,000, but CryptoQuant's Bull Score fell to bearish territory (40), flagging continued downside risk.

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