As May approaches, the cryptocurrency market once again faces a traditional question: should investors follow the “sell in May and go away” trading strategy?

Historical data is mixed, with Bitcoin’s average return over the past five months being 7.66%, but the median return being -3.17%. This discrepancy makes one wonder whether this is a signal to retreat or the beginning of an opportunity.

Market analysis and forecast

Crypto SunMoon, a well-known Korean analyst, is optimistic and believes that if Bitcoin maintains its bullish trend, the $59,000 price realized by short-term holders will become an important support point. This indicator reflects the average purchase cost of short-term market participants in the past six months. If this price is tested and Bitcoin maintains its upward momentum, it may be a favorable buying opportunity.

Lark Davis also expressed a bullish view, noting that the upcoming supply shock could change the landscape of the cryptocurrency market. The halving of Bitcoin production has caused daily mining output to drop to 450 BTC, while the launch of spot Bitcoin ETFs in markets such as the United States, Hong Kong and Australia has led to a surge in demand and a decrease in supply.

Davis stressed: "Global institutions are rushing to enter the Bitcoin market. The supply of Bitcoin on all trading platforms has reached an all-time low, and the over-the-counter market is also drying up. I think the craziness of this bull market will be far beyond your expectations."

Additionally, Abra CEO Bill Barhydt predicts that the total market value of the global cryptocurrency market could reach $50 trillion in the next decade, a growth that is expected to revolutionize the credit market, especially in developing countries.

“I believe that the global investment community’s attention to cryptocurrencies such as Bitcoin, Solana and Ethereum has only just begun,” Barhydt said. “This will drive the total market value of the cryptocurrency market from the current $2.5 trillion to $50 trillion in the next 10 years, or even sooner.”

Investment decision

Judging from the above analysts' opinions, whether to sell out in May is not a simple decision. Investors need to weigh historical trends, current market conditions and future forecasts. With experts generally optimistic about the continued rise of the market and expecting major developments in the market, May may be a good time for investors to consider strategic buying rather than selling. #加密货币 #比特币投资