Sold in May and went away? Bitcoin risks another 10% drop as month turns red
Hex37's read
- Bitcoin is set to finish May with losses.
- Historically, May's poor performance signals further drops.
- A 10% decline for Bitcoin is a potential risk.
What it means for traders
- Bearish May performance historically suggests continued downward pressure on BTC.
- Traders may consider short positions or reduced exposure to BTC.
Affected markets
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