🚨BITCOIN: Don't fear the "SELL IN MAY"! VINCENT GANNE'S ANALYSIS

While Bitcoin (BTC) and the stock market have been recovering since the bearish shock at the beginning of April, should we stay out of the market given the adage "Sell in May and Go Away"? According to Vincent Ganne, the answer is no and here's why.

May is a very positive month on average for BTC "Sell in May and Go Away" is a stock market adage that suggests investors sell their stocks in May and withdraw from the financial markets until the fall, generally until the end of October.

In no case does this stock market adage indicate that May has a catastrophic performance on average. These so-called seasonality data are simply average performance statistics, and indeed, the period from October to April generally performs better than the period from May to September, but the latter can still be positive.

This strategy is therefore based on the idea that stock market returns are historically lower between May and October than during the remaining months of the year, particularly between November and April, a period considered more favorable to stock performance. From a historical perspective, this observation thus finds some statistical basis. According to data compiled on the S&P 500 since 1945, the index has generated an average return of 6.7% between November and April, compared to only 2.0% between May and October.

This notable difference in performance over more than 65 years tends to legitimize the seasonal caution suggested by the adage.