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?
No, for the price of Bitcoin is at the increasing path and will still increase. Yes, if the demand suddenly decreases and the market rice falls but it is out of mind and the demand can not suddenly falls so the value of Bitcoin will continue to grow more and the investors are enjoying their time and holding for the price to jump again back at its highest price.