Will “Sell in May” Not Happen?
Today is the third day of May, and Bitcoin is still hovering closer to the $100K mark.
As expectations grow that a market dip will happen this month, one can't help but wonder—could we see a move in the opposite direction?
Although May is traditionally considered a month of selling in global markets, the recent global downturns caused by unexpected geopolitical events may have already priced in some of that bearish sentiment.
So, the real question is:
Will we actually see a drop in May?
Or did we already experience that correction last month?