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Bitcoin and Ethereum have entered their second-most bullish month and could continue their respective runs with new highs by the end of it, reads Kraken’s new monthly Crypto report.

History suggests that Bitcoin could match that record after April, which is on average the second-best performing month with a medium increase of 51%. With BTC entering the new month at roughly $59,000, a 50% surge will take it to just shy of $90,000.

Furthermore, the research estimated ETH’s potential peak during this market cycle based on logarithmic regression curves. If the second-largest cryptocurrency is to match its previous run, its price could surge by about 700% from March’s end to $15,238.

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