đCoin Bureau's CEO, Nic Puckrin, suggests "Sell in May, Go Away" might be a profitable strategy for BTC holders.đ°
đBased on past 5 years, buying BTC in Oct & selling in Apr could've netted you a whopping 1,449% return! Compare that to buying in May & selling in Sept, which had a -29% return.đČ
đŹResearch from K33 supports this, indicating higher profits for those who sold last month, especially after BTC's mid-March rally to $73,700.
đĄïžBut, market sentiment is cooling. The Bitcoin Fear and Greed Index shows waning retail sentiment, and institutions seem less bullish on crypto.
đBTC has fallen more than 22% from its all-time high, trading at $57,100 at the time of writing.
What's your take on this?đ€ Sell in May or hold on for dear life? Let's discuss!đ #BTC #CryptoMarket
