$BTC 💥The old adage "sell in May and go away," that mantra whispered in stock market circles for generations, did not hold true for bitcoin (BTC) this year. This is likely due to the fact that the pioneering digital currency is not made to follow the script of traditional markets, but to navigate by its own rules.

In a historic May in which bitcoin reached a new all-time high (ATH) of over 111,000 dollars (USD) per unit and with projections pointing to further rises, analyst Michaël van de Poppe warns that following the traditional advice of "sell in May" is counterproductive. With a price increase of more than 11% in May, the analyst now proposes to change such a saying and adapt it to the BTC market. From his bullish perspective, that means accumulating with a long-term view to avoid the psychological wear and tear of daily volatility.

"Buy in May and go away," tweeted Michaël van de Poppe, also highlighting the risks of micro-managing in trading. Constantly monitoring your positions can lead to mistakes, he warns. This argument is backed by concrete data, such as a study by SSRN published in 2024 which reveals that 98% of traders lose money due to emotional overexposure from trading under states of panic or FOMO.