🐻“Sell in May” – Curse or Opportunity?”
Tomorrow, we officially enter May — the month when the global financial market often whispers the classic phrase: “Sell in May and go away.”
🪙However, with Bitcoin, is that rule still true?
• For 3 consecutive years from 2021 to 2023, May witnessed a decline in BTC.
• However, in 2024, Bitcoin increased by over 11% in May, dispelling previous fears and ending a 3-year streak of consecutive declines.
From 2013 to now, BTC's performance in May has been nearly balanced — with 6 increases and 6 decreases, showing that there is no clear pattern.
Currently, BTC is still holding the price level of 94,000 USD just before the onset of May.
Will the “Sell in May curse” continue to be broken?
Or will this May bring the market back to its old trajectory?
⏱Time will be the answer — but history shows: with Bitcoin, never underestimate the unexpected.