via Cointelegraph · By Cointelegraph Staff
Bitcoin Analysts Debate ‘Sell in May’ Pattern
BTC/USDT
$11,164,162,170.30
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
+0.0017%
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Crypto analysts are divided over whether markets will see a major Bitcoin sell-off in May, a pattern that has emerged in the last two bear markets during US mid-term election years.
In May 2018, Bitcoin crashed from nearly $10,000 to about $7,000 by the end of the month. It happened again in May 2022, when Bitcoin fell nearly 30% from about $40,000 to $28,500 before falling further in June…
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