Houston on Nostr: 📢 Curious about the "Sell in May" effect and #Bitcoin? 🤔 There are a lot of bad ...
📢 Curious about the "Sell in May" effect and #Bitcoin? 🤔
There are a lot of bad takes so I've crunched the numbers and here are the key takeaways from my analysis:
1️⃣ Ever since the COVID-19 pandemic, the "Sell in May" effect has emerged as a winning strategy 4 consecutive years in a row. 📈💪
2️⃣ Interestingly, during years with a Bitcoin Halving, the "Sell in May" effect doesn't seem to have the same impact. . 🪙📊
3️⃣ Surprisingly, there's no clear and consistent pattern indicating that the "Sell in May" effect is more pronounced during bear market cycles for Bitcoin. It's not a foolproof strategy in every market condition. 🐻📉
For a deep dive into these findings and even access to the code for running the analysis yourself, check out the article here:
https://open.substack.com/pub/houstonwehaveaprob/p/bitcoins-sell-in-may-playbook-is?r=2tki10&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
There are a lot of bad takes so I've crunched the numbers and here are the key takeaways from my analysis:
1️⃣ Ever since the COVID-19 pandemic, the "Sell in May" effect has emerged as a winning strategy 4 consecutive years in a row. 📈💪
2️⃣ Interestingly, during years with a Bitcoin Halving, the "Sell in May" effect doesn't seem to have the same impact. . 🪙📊
3️⃣ Surprisingly, there's no clear and consistent pattern indicating that the "Sell in May" effect is more pronounced during bear market cycles for Bitcoin. It's not a foolproof strategy in every market condition. 🐻📉
For a deep dive into these findings and even access to the code for running the analysis yourself, check out the article here:
https://open.substack.com/pub/houstonwehaveaprob/p/bitcoins-sell-in-may-playbook-is?r=2tki10&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true