(BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash.

There were some signs of improvement in February and March, particularly after January’s steep declines. However, it begs the question: why did bullish momentum abruptly halt in March and February?