⛔ Bitcoin: "Sell in May and Go Away"? ⛔
The market is signaling danger as BTC remains below the important resistance zone (0.618 Fib + POC). Selling pressure may continue to increase in May – a month often associated with strong seasonal corrective trends.
📉 The deep drop target could reach the range of $58,000 – $60,000, where a Fair Value Gap (price gap that needs to be filled) exists.
💡 A reasonable strategy at this time: Prioritize observation and avoid FOMO. Sell at resistance, buy at support.
⏳ BTC is at a crossroads – to hold steady or collapse, time will tell.