🟡 May and Bitcoin: swings every year — statistics from 2016 to 2024

May for Bitcoin is not the most predictable month. Over the past 9 years, it has shown both crazy growth and crashes. Here’s what history says:

— 2016: +17.6% — rose from $451 to $531

— 2017: +60.9% — from $1421 to $2286, one of the best months in history

— 2018: -18.0% — drop from $9144 to $7494 during the bear market

— 2019: +61.1% — rally from $5321 to $8574

— 2020: +6.7% — calm growth from $8864 to $9461

— 2021: -35.5% — sharp decline from $57,828 to $37,332, after the spring peak

— 2022: -17.3% — another red May: fell from $38,469 to $31,792

— 2023: -3.1% — almost unchanged: from $28,091 to $27,219

— 2024: +11.4% — fresh result: growth from $60,602 to $67,491

📊 In summary:

— Over 9 years: 5 months in the positive, 4 in the negative

— Average growth — about +9.2%, but with a large amplitude

— The best May was in 2019 (+61.1%), the worst — in 2021 (-35.5%)

So if you think "sell in May and go away" — first check which cycle we are in 😉

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