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SELL IN MAY IS PLAYING OUT. SUMMER LOOKS BEARISH.
Bitcoin is dumping right now.
The seasonal pattern we've been tracking continues.
May closed red. Summer is historically rough in crypto.
Especially during midterm years.
2018: down 19%. 2022: down 16%.
If history repeats, summer remains bearish.
I doubt this time is different.
Lower prices are likely ahead.
$BTC
{spot}(BTCUSDT)
$BNB
{spot}(BNBUSDT)
$NATGAS
{future}(NATGASUSDT)