https://www.msn.com/en-us/money/savingandinvesting/why-investors-should-dread-the-month-of-may--especially-this-year/ar-AAwqxnh?ocid=spartandhp
^ check it.
According to historical data, the stock market bears in May for most years. We've seen thus far that when the stock market does poorly, it affects the crypto market in a similar fashion. What do you guys think about this upcoming May? Will we moon more or will we dip?
It seems to me that institutional investors who are invested in both stocks and crypto will move some crypto out (sell) to help offset their losses from stocks. That's what could drive the price down by a bit.
What are your thoughts?