
Bitcoin achieved its best monthly gain in a year, boosted by reduced geopolitical tensions such as an Iran ceasefire. Despite this strong performance, retail investor interest remains subdued, signaling caution among smaller market participants. Market confidence in Bitcoin reaching $80,000 by the end of April is very low, reflecting skepticism despite institutional buying driving gains. Key factors to watch include institutional moves by firms like BlackRock and MicroStrategy, regulatory developments, and any shifts in retail sentiment that could influence future price targets.