๐๐๐ฅ๐ฅ ๐ข๐ง ๐๐๐ฒ?
Historically, the SPX500 has underperformed between May-October, averaging around ๐.๐% compared to ๐.๐%from November-April. Thatโs where the old saying โSell in May and go awayโ comes from.
But this trend has become less reliable over time. Today, markets are influenced more by macro policy, earnings and liquidity than by seasonality. Plus, moving in and out of the market can lead to extra taxes and missed opportunities.
What about Crypto?
$BTC performance May-Oct over recent years (approximate):
2017: +๐๐๐%
2018 (bear): โ๐๐%
2019: +๐๐%
2020: +๐๐%
2021: +๐%
2022 (bear): โ๐๐%
2023: +๐๐%
2024: +๐๐%
Crypto market cap during the same periods (approximate):
2017: +๐๐๐%
2018 (bear): โ๐๐%
2019: +๐๐%
2020: +๐๐%
2021: +๐๐%
2022 (bear): โ๐๐%
2023: +๐๐%
2024: +๐%
Thereโs no consistent seasonal weakness here and in fact some of cryptoโs biggest gains have happened mid year.โจThis space tends to move on liquidity, sentiment, narratives and adoption. Itโs important to always have a holistic view.
Feel free to drop your thoughts below ๐๐ผ What 's your game plan these coming months?
#TraidingPlan #Crypto #SPX500 #Cryptolinhio