#BTC QCP Capital is optimistic about Bitcoin's performance in April according to a research report, as Trump's hint at reducing tariff scales has given the market a breather. Historically, risk assets tend to perform best in the second quarter, especially in April of each year.

The Federal Reserve announced last week that it would slow down the tapering of its balance sheet, and with the news that the Trump administration's "reciprocal tariffs" implemented on April 2 are expected to exclude specific industries such as automobiles and semiconductors, this has alleviated market anxiety over an all-out trade war to some extent, supporting the continued rebound of Bitcoin.
Bitcoin reached a high of $88,769 on Monday, and around 1 AM this morning, BTC once again broke through $88,000.
QCP Capital: Bitcoin usually performs well in April
In this context, QCP Capital pointed out in a research report that Trump's hint at reducing the scale of tariffs gave the market a breather, and other industry insiders, including JPMorgan, also began to believe that the worst phase of the market may have passed.
At the same time, QCP Capital pointed out that historically, risk assets tend to perform the best in the second quarter, especially in April of each year, second only to the rally in December.
The average annualized return of the S&P 500 index in the second quarter was 19.6%, while Bitcoin recorded the second best median performance during this period - only behind the fourth quarter.
The next key resistance level for Bitcoin is at 90,000 dollars.
Regarding the trend of Bitcoin, cryptocurrency trader @DaanCrypto also posted an analysis on social platform X yesterday, pointing out that Bitcoin is trading with a solid spot premium during this rebound. If it can maintain this level and break through the key resistance of $90,000, Bitcoin may reach a new historical high: BTC is still trading with a solid spot premium during this rebound. If it can maintain this premium while slowly returning to the previous range (above $90,000), I would be confident that we will see a trend returning to new highs. Currently, it remains an important resistance level, and the price shows correlation with the stock market.